First Reader Summary

A BILL to amend Title 47 of the Official Code of Georgia Annotated, relating to retirement and pensions, so as to establish the Public Employees' Savings Plan; to provide a statement of legislative findings; to define certain terms; to provide that the State Personnel Board shall establish an account for certain public employees pursuant to Section 401(k) of the federal Internal Revenue Code; and for other purposes.

Code Sections Amended

47-24-1 \ 47-24-20 \ 47-24-21 \ 47-24-22 \ 47-24-23 \ 47-24-40 \ 47-24-41 \ 47-24-60 \ 47-24-61 \ 47-24-62 \ 47-24-90 \ 47-24-91 \ 47-24-92