Magistrates Retirement Fund; early retirement benefit; provide

Also relevant to:Senior (65+, Medicare/SS)

Where it is in the process

Plain-English Summary

A BILL to be entitled an Act to amend Chapter 25 of Title 47 of the Official Code of Georgia Annotated, relating to the magistrates retirement fund, so as to provide for an early retirement benefit; to provide for an employee contribution increase; to replace the statutory maximum monthly compensation used to calculate a benefit with an amount determined by the board; to increase the maximum number of years of service used to calculate a benefit; to provide for related matters; to provide condit…

Source: OpenStates · fetched April 10, 2026

Who it affects

W-2 worker (non-union)

Increases employee contributions to the retirement fund.

Senior (65+, Medicare/SS)

Provides for an early retirement benefit and increases the maximum number of years of service used to calculate a benefit, potentially leading to higher retirement income.

AI-extracted

Who This AffectsAI analysis

W-2 worker (non-union)directModerate impactHigh certainty
Increases employee contributions to the retirement fund.
“to provide for an employee contribution increase”· General
Senior (65+, Medicare/SS)directModerate impactHigh certainty
Provides for an early retirement benefit and increases the maximum number of years of service used to calculate a benefit, potentially leading to higher retirement income.
“so as to provide for an early retirement benefit”· General
“to increase the maximum number of years of service used to calculate a benefit”· General

What the Bill Does

Provides for an early retirement benefit.
Increases employee contributions to the retirement fund.
Replaces the statutory maximum monthly compensation with an amount determined by the board.

Votes

Read full bill text →↓ Why am I seeing this?

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