Georgia Defined Contribution Plan


Georgia Defined Contribution Plan (GDCP)


Members of GDCP are temporary, seasonal, and part-time employees of the State of Georgia who are not eligible for membership in the Employees’ Retirement System (ERS) or the Teachers Retirement System (TRS).

Seasonal or part-time employees of the following are covered by GDCP:

  • Georgia state agency, department, bureau, institution, board or commission
  • State Board of Education
  • Board of Regents of the University System of Georgia 

Excluded from this plan are the following:

  • persons qualified as bona fide independent contractors
  • active members of ERS or TRS
  • retirees of ERS or TRS
  • persons working for an institution in which they regularly enrolled and attending classes and meet IRS student exclusion criteria

Important: Members of GDCP are only covered for Medicare through their employer. There is no Social Security coverage.

Download the GDCP Information Handout for more information.

Georgia Defined Contribution Plan: FY 2025 Interest Crediting Rate

During the monthly meeting on April 18, 2024, 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 2025.

The Investment Committee approved a rate of 3.00% for FY 2025.

  • FY2024: 2.00%
  • FY2023: 0.50%
  • FY2022: 0.00%
  • FY2021: 0.00%
  • FY2020: 1.20%
  • FY2019: 0.60%
  • FY2018: 0.60%
  • FY2017: 0.50%

GDCP Overview

The Georgia Defined Contribution Plan (GDCP) was created by the 1992 Georgia Law, Act 996 effective July 1, 1992.

Its purpose is to provide a retirement system for temporary, seasonal, and part-time employees of:

  • departments, bureaus, institutions, boards, or commissions of the State of Georgia
  • the State Board of Education
  • the Board of Regents of the University System of Georgia

Excluded from membership are the following employees:


Governed by ERS Board of Trustees

The Georgia Defined Contribution Plan (GDCP) Board of Trustees consists of 7 members who are appointed or elected for a term of four years.

Click below for board members, contact information, and meeting details.