News
Delayed Opening – WRAP Canceled
December 11, 2018
Per Governor Deal’s announcement, the ERSGA offices will open at 10:00 am Tuesday, December 11.
Our call center and visitor hours will begin at 10:00 am.
The WRAP scheduled for 9:00 am is canceled.
2019 Health and Dental Rates
Beginning this month, 2019 health and dental rates may have an impact on your monthly benefit amount.
2019 health and dental insurance rates will go into effect December 31, 2018 for your January 2019 coverage. The new health and dental deductions will affect your December 2018 net benefit amount.
Payment summary statements and a breakdown of your net monthly benefit can be viewed or downloaded by signing into your account using the Log In button at the top of the page.
Is Your Personal Contact Information Current?
To provide you with account updates, announcements, and important information, please take a moment to confirm that we have your current contact information on file including:
- Mailing address
- Email address
- Phone number
To view and update your information, use the Log In button at the top of the page to access your account today!
Updating Your Beneficiary Information
In Retirement
When you retired, you selected a form of pension payment. If you selected a monthly benefit that continues to your beneficiary after your death, it is important for ERSGA to have your beneficiary’s current information on file.
Use the Log In button at the top of the page to access your secure account and confirm the following information is updated for your designated beneficiary(ies):
Contribution Limits Increase in Peach State Reserves
The Internal Revenue Service (IRS) thinks it’s so important for you to save for your retirement that they increased the maximum contribution limits in 401(k) and 457 plans for 2019.
Here’s a quick look:
IRS 2019 402(g) contribution limit is increasing by $500
Credit Report Errors
Are You among the 1 Out of 5 People who have an error?
According to the Federal Deposit Insurance Corporation (FDIC), 20% of Americans have a mistake on their credit report. According to the FDIC, “incorrect or outdated negative information on a credit report can adversely affect a consumer’s ability to borrow money under the most favorable terms, so it is important to make sure the information is correct.”
Examples of credit reporting errors may include:
National Retirement Security Week
October 21-27, 2018
The U.S. Senate recently unanimously adopted a resolution endorsing National Retirement Security Week (NRSW) 2018. Each year, the Employees’ Retirement System of Georgia (ERSGA) participates in NRSW to emphasize the importance to our members of saving for a financially secure retirement.
This year, ERSGA has a special Webinar-A-Thon planned for Thursday, October 25, 2018. Click here to see the webinar schedule and here to register for a webinar.
ERSGA Receives GFOA Award
July 24, 2018
ERSGA is pleased to announce that we have received the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for our 2017 Comprehensive Annual Financial Report (CAFR). Recognition of the 2017 CAFR makes our 8th consecutive award from GFOA.
ERSGA is committed to timely, accurate, and transparent financial reporting. Congratulations to our CAFR team for their hard work!
Welcome
We've launched our new site!
We are excited to announce the launch of our new website!
Our goal was to make our website friendly, informative, and easy to navigate. We hope you’ll agree that it looks great, too!
To log in to the secure site, simply use the Log In button at the top right of any page.
If you have any questions about the new website, please reach out to us through the Contact the Webmaster form.
Thank you for the opportunity to serve you.
PSR Administrative Fee Structure
July 1, 2018
Please be advised that effective July 1, 2018 there will be changes to the Peach State Reserves (PSR) administrative fee structure.
Notice for Retirees: Cigna Dental Rate Changes
June 29, 2018
The Cigna Dental rates for 2018 have changed.
You may notice a small change in the net amount of your June pension benefit, this is due to the change.
To see details of your pension payment, sign in to your ERSGA account by using the Log In button on the top, right side of this website, then select View Payment Information, and View Payment History.
PSERS Benefit Multiplier Increase
Effective 7/1/2018
The Public School Employees Retirement System (PSERS) Board has approved an increase in the benefit rate for PSERS members, retirees, and beneficiaries with retirements on or after 8/1/2012, from $15.00 to $15.25 per month, per years of service. This increase is effective 7/1/2018 and will be reflected in the July 2018 pension payment.
ERSGA Team won the 2017/2018 State Charitable Contributions Program (SCCP) Governor’s Cup Award
We are pleased to announce that the ERSGA Team won the 2017/2018 State Charitable Contributions Program (SCCP) Governor’s Cup Award for the Highest Contribution Per Employee Population in the 1-100 Employees Category.
Achieving Georgia’s highest level of recognition for last year’s State Charitable Contributions Program (SCCP) campaign is an accomplishment each and every ERSGA colleague can be proud of!
COLA/Post-Retirement Benefit Adjustment
During the Annual Board meetings on April 19, 2018, 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 FY 2019. Actions taken by the Boards are as follows:
Alternative Investments
The 2018 Alternative Investments Annual Update has been released.
Please click here to view/download.
Retirees – Changes in Federal Withholding Tables
Effective January 2018
The IRS has issued new federal withholding tables. If you noticed a change in the net amount of your January pension benefit, this may be due to the new withholding rates. To see details of your pension payment, sign in to your ERSGA account by using Account Access, then select View Payment Information, and View Payment History.
FY 2018 Post-Retirement Benefit Adjustments
During the Annual Board meetings on April 20, 2017, 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 Cost of Living Adjustments (COLAs) or other post-retirement benefit adjustments to retirees and beneficiaries in payment as of July 1, 2017. Actions taken by the Boards are as follows: