News

Overview

News

Check here for the latest news and updates from ERSGA.

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The 5 Ws & H of GSRA

Who:

An inspired group of long-time state employees gathered to form an advocacy group for those who dedicate their careers to state employment.

This group formed the Georgia State Retirees Association (GSRA) as an advocacy organization created by retired state employees for the benefit of state retirees. GSRA’s goal is to promote the education and welfare of Georgia State government retirees relative to their retirement and health care benefits.

What:

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Is Your Beneficiary Information Current?

As a member of one of ERSGA’s retirement plans, you’ve already taken an important first step in securing your financial security in retirement. But what about the financial security of your loved ones? Keeping your beneficiary information current ensures benefits from the retirement plans are paid in accordance with your wishes in the event of your death.

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Beneficiary Information for Retirees

Keeping your beneficiary information current ensures benefits from the retirement system are paid in accordance with your wishes in the event of your death. 

If you are not sure who you elected as your beneficiary(ies), you can view your selection online using the Log In button at the top of any page on our website, or by contacting us. It is important that we have your most current beneficiary information on file.

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Jim Potvin Elected President of NASRA
August 2019

The National Association of State Retirement Administrators (NASRA) has elected Jim Potvin, Executive Director of the Employees’ Retirement System of Georgia (ERSGA), as the new President for 2019-2020. Mr. Potvin joined ERSGA in February, 2009 as the Deputy Director, after 15 years in private industry working in retirement plan administration and consulting. He was appointed as the Executive Director in February, 2012.

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Post-Retirement Benefit Adjustment
Benefit Payment Information 7/2/2019

Post-Retirement Benefit Adjustments

During the Annual Board meetings on April 18, 2019, 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 post-retirement benefit adjustments to retirees and beneficiaries in fiscal year 2020.  Actions taken by the Boards are as follows:

ERS

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PSERS Benefit Multiplier Increase
Effective 7/1/2019

The benefit rate for members of the Public School Employees Retirement System (PSERS) has been raised for PSERS members, retirees, and beneficiaries with retirements on or after 8/1/2012, from $15.25 to $15.50 per month per year of service.  This increase is effective 7/1/2019 and will be reflected in the July 2019 pension payment.

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Post-Retirement Benefit Adjustments
Annual Board Meetings: April 2019

During the Annual Board meetings on April 18, 2019, the Boards of Trustees for the Employees’ Retirement System (ERS), the Public School Employees Retirement System (PSERS), the Legislative Retirement System (LRS), and the Judicial Retirement System (JRS) took the following actions for fiscal year 2020:

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ERS Personal Benefit Statements
February 27, 2019

Personal Statements of Retirement Benefits

Employees’ Retirement System of Georgia (ERSGA)  mailed annual Personal Statement of Retirement Benefits to ERS members on February 27, 2019.

This integrated statement combines  ERSGA pension benefits and Peach State Reserves (PSR) (if applicable) balances to provide an overview estimate of where members currently stand in achieving their retirement goals. In addition, if members have a PSR balance, their Social Security estimate will be factored into the summary.

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Notice: Print Changes to 1099-R Forms
January 28, 2019

ERS recently changed the forms for 1099-R documents.

Instead of a pre-printed, perforated form, you will receive your 2018 1099 forms on plain paper, enclosed in an envelope.

You can also download a copy of your 1099 form by logging into your account using the Log In button at the top of this page. 

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Tips for a Secure Internet Connection

Secure Connections

Cybercrime is everywhere and more than half of our personal devices have been exposed to a virus or malware. About a third of us have had a password compromised. Every day, millions of people access financial accounts, tax filing programs, health insurance plans, and other personal and sensitive information over the internet.

How do you keep your information, and yourself, safe?  The easiest and most important step you can take is to make sure you’re on a secure internet connection.

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Retiree Dental Refund Checks
January 2019

Retiree Dental Refund Checks

Communications via email and US Mail were sent to 150 State of Georgia retirees regarding a premium refund check they received last September requesting that the outstanding checks be cashed immediately.

If you have any questions about your CIGNA Dental HMO deduction refund, please send an email to hra.flexbenefits@doas.ga.gov or call GaBreeze at 1-877-342-7339.

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Retirement Online for ERS Plans
Now Available!

Retiring with an ERS pension plan has just gotten easier with the launch of ERSGA’s Retirement Online on ers.ga.gov.

Retirement Online allows most ERS Plan Members (New Plan and GSEPS) who are applying for a Service Retirement to do so easily and conveniently through the ERSGA secure website. 

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Tax Withholding Changes
2019

Generally, pension and annuity payments are subject to federal income tax withholding. Each year in January, ERSGA updates its systems’ withholding tables to reflect the latest IRS guidance. These changes may impact your 2019 monthly net payment amounts. You can access your payment statement by the Log In button at the top of this page.

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7 Tips for Strong and Secure Passwords

Keeping your data – and yourself – safe online is more important than ever. One of the easiest ways you can do this is by setting strong and secure passwords for your online accounts.

Here are some tips for making strong, secure passwords:

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Post-Retirement Benefit Adjustments
February 2019 Payment

During the Annual Board meetings on April 19, 2018, the Boards of Trustees for the Employees’ Retirement System (ERS), the Legislative Retirement System (LRS), and the Judicial Retirement System (JRS) considered whether to grant post-retirement benefit adjustments to retirees and beneficiaries in fiscal year 2019.  Actions taken by the Boards for February 2019 are as follows: