LRS
Governed by the ERS Board of Trustees
Board Contact Information
Email: boardoftrustees@ers.ga.gov
Fax: 404.350.6309
Mailing Address:
Board of Trustees
Employees’ Retirement System of Georgia
Attention: James A. Potvin, Executive Director
Two Northside 75, Suite 300
Atlanta, GA 30318
Composition – 7 members:
By statute [O.C.G.A. § 47-6-20(a)], the LRS Board is created and placed under the administration of the Board of Trustees of the Employees’ Retirement System of Georgia (ERS). The composition is as follows:
- 3 ex-officio members
- State Auditor
- State Treasurer
- Department of Administrative Services Commissioner
- 1 member appointed by the Governor
- 2 members elected by the other Trustees who have had at least five years of ERS membership
- 1 member elected by the other Trustees who has had at least 10 years experience in investments. This trustee cannot be a current or former member of ERS. [O.C.G.A. § 47-2-21]
Term
Four years [O.C.G.A. § 47-2-21] for all members except ex-officios. Ex-officio members serve on the board for as long as they maintain their position.
Officers
Chair and Vice-Chair elected annually. [O.C.G.A. § 47-2-22 and Bylaws]
Meetings
Annual meeting on third Thursday in April at 10:00 A.M. at ERSGA office. [Bylaws] See the ERSGA calendar for meeting dates.
Quorum
Five members in attendance are required by law. [O.C.G.A. § 47-2-21(f)]
Votes
Four votes are required for a decision of the Board. [O.C.G.A. § 47-2-21(f)]
Investment Committee
At least four members appointed by Chair, plus Executive Secretary who is a non-voting member. Three voting members are a quorum and three votes required. Committee elects its Chair. [Bylaws]
Eli P. Niepoky
Member
Board Chair
10 years of investment experience; appointed by the
trustees
February 20, 2014 – June 30, 2021
Investment Committee Member
Frank F. Thach, Jr.
Member
Board Vice-Chair
5 years ERS membership; appointed by the trustees
Retired member of ERS
December 17, 2009 – June 30, 2022
Investment Committee Chair
Greg Griffin
Member
Ex-officio member as State Auditor
July 1, 2012 – Indefinite
Investment Committee Member
Alex Atwood
Member
Ex-officio member as Commissioner of the Department of
Administrative Services
March 1, 2019 – Indefinite