News
Office Closure: January 26, 2026
The ERSGA office will be closed to employees and visitors on Monday, January 26, due to inclement weather.
If you need assistance, call our office: 404.350.6300
Thank you, and stay safe!
Retirees: Important 1099-R Information for Your 2025 Tax Filing
January 14, 2026
2025 Tax Documents
If you received pension payments, a lump-sum refund, or a death benefit as a beneficiary during the 2025 calendar year, these payments have been reported to the Internal Revenue Service.
New 2026 IRS Contribution Limits
Save More Money for Retirement
New 2026 IRS Limits: January 1, 2026
The Internal Revenue Service (IRS) maximum contribution limits to your Peach State Reserves (PSR) 401(k) and 457 plans for 2025 will increase for 2026.
You can contribute the maximum amount to both a PSR 401(k) and 457 account. To increase your contributions, visit: GaBreeze.ga.gov
2026 Limits
- Under Age 50: $24,500
- Age 50-59: $32,500
- Age 60-63: $35,750
- Over Age 63: $32,500
Peach State Reserves (PSR)
Member Advisory
Peach State Reserves (PSR) Fund Change
Please be advised that the PSR International Stock Index Fund
will exclude investments in Hong Kong beginning 12/8/2025. This
fund is part of the PSR Lifecycle Fund lineup.
No action is required at this time.
1099-R Address Change Reminder
The deadline for retired members and beneficiaries to submit an address update to ERSGA for the 2025 1099-R mailing is December 22, 2025.
It is important to keep your address on file current. A 1099-R will not be mailed to you if your address on file is marked as invalid, and the US Postal Service does not forward 1099-Rs.
New GSEPS 401(k) Plan Restoral Provision
The Employees’ Retirement System of Georgia (ERSGA) is pleased to announce a new Peach State Reserves (PSR) 401(k) Restoral Provision recently approved by the ERS Board of Trustees. This important update enhances the benefits available to rehired Georgia State Employees’ Pension and Savings Plan (GSEPS) members, helping them stay on track for retirement after a break in service.
Effective Date: GSEPS members with a rehire date on or after November 1, 2025, will be eligible.
Here’s what’s new:
ERS One-Time Payment Post-Retirement Benefit Adjustment
December 2025
ERS one-time payments will be processed on December 5, 2025. Payments should post to payee bank accounts within three business days.
Only active payees (retirees or beneficiaries) at the time the one-time payment is processed will receive this payment.*
The one-time payment will be equal to 5% of the annual ERS benefit in pay at the time the one-time payment is processed, to a maximum payment of $837.72.
To be eligible for this one-time payment, the retiree or beneficiary must meet the following stipulations:
Retirement Online Now Available for PSERS Members
September 2025
PSERS Members can now apply for retirement online!
Why Should a Member Apply for Retirement Online?
- Available 24/7
- Faster processing and eliminates mail delays
- Easy-to-use, intuitive screens
- Displays optional benefit amounts to aid decision-making
- Reduces errors and incomplete submissions
How to Apply Online?
Retirees: Georgia Income Tax Rate Decreasing to 5.19%
You may see a slight increase in the net amount of your retirement benefit beginning with your July 31, 2025 payment, as Georgia’s flat income tax rate decreases from 5.39% to 5.19% effective July 1, 2025.
This change is part of tax reform under HB 1437. In April 2025, Governor Kemp signed HB 111, accelerating the reduction toward a 4.99% flat tax rate.
Thank You, Eli Niepoky, for 11 Years of Exceptional Service
It is with sincere appreciation that we recognize Eli Niepoky for her distinguished service on the Employees’ Retirement System (ERS) Board of Trustees. After 11 years of dedicated commitment, Eli has concluded her tenure as a valued Trustee.
Exciting Update to the Peach State Reserves (PSR) Fund Line-Up!
July 2025
Effective July 1, 2025, Lifecycle Fund 2070 was added. Lifecycle Fund 2020 closed; assets transferred to the Lifecycle Income Fund.
Georgia Governor’s Mansion
As a State of Georgia employee, retiree, or beneficiary, we encourage you to take advantage of this wonderful opportunity to explore the Governor’s Mansion and participate in its events. It’s a great way to spend quality time with friends and family while experiencing a piece of Georgia’s history!
State agencies are also welcome to take employees to tour the Governor’s Mansion for groups of 10 or more, advance registration is required. So, make sure you register your event in advance!
Office Closure: Tuesday, May 13, 2025
The office is closed to visitors and phone calls (or telephone assistance) on Tuesday, May 13, as our staff participates in ERSGA 75th Anniversary activities. Business will resume as normal on Wednesday. Thanks for your support!
COLA/Post-Retirement Benefit Adjustment
June / July, 2025
Please note that all COLA increases as of July 1, 2025 will be reflected in the July monthly benefit payment payable at the end of July. The ERS One-Time Payment will be a separate payment by the end of June 2025.
ERS Integrated Statements
March 2025
The ERS Personal Statement of Retirement Benefits are now available in your online ERSGA account!
Check out your personalized, easy-to-read statement!
Your data is presented in colorful and visually appealing
charts and graphs, with valuable information to provide your
at-a-glance retirement snapshot
Tour annual statement is available online at the ERSGA and GaBreeze websites.
(2024-2025) Proposed Amendment to ERS Rule
February 20, 2025
Pursuant to the actions taken during the regular Board meeting in February 2025, please view below a notice of intent from the Board of Trustees of the Employees’ Retirement System to adopt the following proposed amendment to the ERS Rules and Regulations.
Retirees: Important 1099-R Information for Your 2024 Tax Filing
January 28, 2025
2024 Tax Documents
If you received pension payments, a lump-sum refund, or a death benefit as a beneficiary during the 2024 calendar year, these payments have been reported to the Internal Revenue Service.
Social Security Fairness Act: Repeals WEP and GPO
January 8, 2025
On January 5, 2025, President Biden signed the Social Security
Fairness Act, which repeals two federal laws: 1) the Windfall
Elimination Provision (WEP) and 2) the Government Pension Offset
(GPO). The implementation of the Act will eliminate the reduction
of Social Security benefits while entitled to public pensions
from work not covered by Social Security. The Social Security
Administration is evaluating how to implement and will provide
more information as soon as available.
Changes to your Social Security benefit will not impact your
ERSGA pension.
Celebrating 75 years!
The Employees’ Retirement System of Georgia (ERSGA),
established in 1950, proudly celebrates 75 years of service as a
trusted partner in retirement readiness for Georgia’s workforce.
ERSGA currently administers five distinct defined benefit pension
plans, two life insurance plans, and three defined contribution
plans, including the Peach State Reserves (PSR) 401(k) and 457
plans. Additionally, ERSGA serves as the Social Security
Administrator for political subdivisions across Georgia.
Important for Retirees! SHBP: Pension Deduction Changes
Who: Retirees over age 65 (Medicare eligible)
who have a health insurance premium deducted from their December
pension payment
What: Your State Health Benefit Plan (SHBP)
deduction may be changing, or you may be receiving a new
deduction to your net pension due to the SHBP Premium change
When: This will go into effect this December
2024
How: To see more on the exact amount review your
payment history on your ERSGA secure online account
ERSGA cannot answer SHBP questions or provide assistance
on this deduction from your pension.
For SHBP Help:
Website: shbp.ga.gov
Call: 800.610.1863
- First Press 1 for 2025 Benefits Questions
- Then Press 1 again for Retiree
- Press 5 to speak to a live representative