News
Required change for PSR 50+ Catch-up Contributions
Section 603 of the SECURE 2.0 Act, which passed in December 2022, goes into effect January 1, 2026. This provision requires age 50+ catch-up contributions in the Peach State Reserves (PSR) plans be made on a Roth (after-tax) basis after reaching the 402(g) limit with pre-tax contributions, for employees earning more than $150,000 (indexed for inflation each year) in Social Security wages (box 3 on W-2) in the preceding year.
Happy Thanksgiving!
Office Closure
ERSGA will be closing early on Wednesday, November 26 for the Thanksgiving holiday. We will close to visitors at 2:00 pm, and our phones will close at 2:30 pm.
Our offices will also be closed Thursday, November 27, and Friday, November 28, and reopen on Monday, December 1.
From all of us at ERSGA, have a warm, safe, and happy Thanksgiving!
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.
Happy Veteran’s Day
Office closed to visitors
The ERSGA office will be closed in observation of Veteran’s
Day on Tuesday, November 11.
ERSGA will reopen normally on Wednesday, November 12.
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:
Happy Halloween
Office closed to visitors
Happy Halloween!
The ERSGA office will be closed to visitors on Friday, October 31.
If you need assistance, call our office: 404.350.6300
Thank you, and have a safe and fun Halloween!
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 approximately $830.
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.
Happy Fourth of July!
The ERSGA offices will close early on Thursday, July 3, to allow our staff to observe the July 4 holiday.
Our offices will close early at 2:30 P.M. on July 3 and remain closed on Friday, July 4.
From all of us at ERSGA, have a safe, fun and festive Fourth of July!
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.