New! We have revised the LRS Handbook! Please click the link to the right for the new Plan Guide.
On July 1, 1967 the Legislative
Retirement System (LRS) began its operation. The System was established to
provide members of the General Assembly with retirement benefits based on their
years of dedicated service to the State of Georgia. Since 1967 there have been
several major changes to the laws governing the LRS. The most significant were
in 1971 when LRS was merged with the Employees' Retirement System and in 1981
when the LRS was reactivated. Members of the General Assembly who held office
prior to 1981 were afforded the opportunity to transfer their membership from
the Employees' Retirement System to the LRS. Any member who elected to
transfer from the Employees' Retirement System to the Legislative Retirement
System did not forfeit any rights or privileges possessed under the Employees'
Retirement System at the time of transfer. Service in the General
Assembly after January 1, 1986 shall only be creditable under the LRS.
The current LRS benefit formula is $36 per month for each year of service.
LRS Handbook for more information.