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). Individuals employed by a State agency, department, bureau, institution, board or commission, the State Board of Education, and the Board of Regents of the University System of Georgia are covered by this plan.

Excluded from this plan are the following:

  1. persons qualified as bona fide independent contractors
  2. active members of ERS or TRS
  3. retirees of ERS or TRS
  4. persons working for an institution in which that person is regularly enrolled and attending classes and meets IRS student exclusion criteria

Special Note: Members of the GDCP are only covered for Medicare through your employer. There is no Social Security coverage.

Download the GDCP Brochure for more information.

Georgia Defined Contribution Plan – FY 2024 Interest Crediting Rate

During the monthly meeting on April 21, 2023, 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 2024.

The Investment Committee approved a rate of 2.00% for FY 2024.

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



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.