ers home  Banner

New! 2016 Enacted Legislation

Click here to view or print Enacted Legislation for the 2016 legislative session.


New! FY 2017 Post-Retirement Benefit Adjustments

During the Annual Board meetings on April 21, 2016, the Boards of Trustees for the Employees’ Retirement System (ERS), the Legislative Retirement System (LRS), the Judicial Retirement System (JRS), and the Public School Employees Retirement System (PSERS) considered whether to grant Cost of Living Adjustments (COLAs) or other post-retirement benefit adjustments to retirees and beneficiaries in payment as of July 1, 2016.  Actions taken by the Boards are as follows:

ERS
APPROVED: A 3% one-time, non-compounded payment for retirees and beneficiaries, payable on the first $30,000 of annual pension benefit, with the following stipulations:

LRS
APPROVED: A 3% one-time, non-compounded payment for retirees and beneficiaries, with the following stipulations:

JRS
APPROVED: A 2% monthly COLA for retirees and beneficiaries, effective July 2016, with the following stipulations:

PSERS
APPROVED: A 2% monthly COLA for retirees and beneficiaries, effective July 2016, with the following stipulations:

The COLAs for JRS and PSERS are expected to be added to payees’ pension payments beginning with their July 2016 payments.  The one-time payments for ERS and LRS are expected to be made no later than August 31, 2016.  Updates will be posted to our web site as further information becomes available.


New! Georgia Defined Contribution Plan - FY 2017 Interest Crediting Rate

During the monthly meeting on April 21, 2016, the Investment Committee of the Employees’ Retirement System (ERS) Board of Trustees considered the Interest Crediting Rate for the Georgia Defined Contribution Plan (GDCP) for FY 2017.

After staff presentation and discussion, the Investment Committee approved a rate of 0.50% for FY 2017.  This represents the first above-zero interest rate for the GDCP since FY 2009.

The FY 2017 interest rate will be applied at a monthly rate of 0.04167% beginning July 1, 2016, and continuing through June 30, 2017.


Integrated Retirement Statements for ERS Members

ERSGA is excited to announce the upcoming delivery of ERS integrated retirement statements. This is the first time the ERS pension benefit will be combined with Peach State Reserves (PSR) balances to estimate monthly retirement income for a member. If you have a PSR balance, Social Security will also be included in your estimate. These statements are designed to help you determine what action is needed, if any, to reach your retirement goals.

The statements are being mailed the week of March 1st to home addresses for New Plan and GSEPS members who made a contribution to the pension plan in December 2015.  If you are already in the process of retiring, you will not receive a statement.  

The statements will be available online beginning March 7th.  If you have already registered at ERSGA, you can view your statement by clicking the account access button on the right side of this page. Once logged in, your statement can be found under the Personal Correspondence section of the secure site.

If you haven't already registered for ERSGA account access, you will be required to provide a valid email address and review/designate beneficiary(ies) upon registration and prior to using the secure site. 

For more information about the integrated statements, please read our FAQ.


Alternative Investments

The 2016 Alternative Investments Annual Update has been released. Please click here to view/download.


Members - Learn more about your Retirement Plan

We have added a member education link to the left-hand navigation of our website to provide you with the ability to quickly find information about your retirement plan. This section includes quick links to all available presentations, ERSGA event and seminar calendars, as well as all of our forms and publications. Please be sure to check out this valuable resource.


Account Access - Your Retirement Plan Information Online!



The mission of ERSGA is to be the guardian of the retirement systems it administers for the ultimate benefit of the members, retirees and beneficiaries of those systems. This mission is accomplished through ERS’s core responsibilities which include pension administration; the collection, reconciliation and disbursement of contributions for the welfare of the members, retirees and beneficiaries of the plans; and the sound and secure investment of the retirement funds. For more information on ERS’ mission statement, click here.

If you are a member of the Teachers Retirement System, click here. For links to other useful sites, click here.

This site is best viewed in Internet Explorer. For best viewing in Firefox, you can download this add-on to view IE in Firefox.

If you are having trouble accessing parts of the new website, please contact us at 404-350-6300 or Toll Free at 1-800-805-4609. You can also email us with feedback or suggestions.

 

accountaccessemployers
Unclaimed Property

Legilative Update
Employee Newsletter
Retiree Newsletter