SB267: Teachers Retirement System of Georgia; retired member who elected an optional retirement allowance; eligible to change any of such named beneficiaries; provide

Legislative Summary

A BILL to be entitled an Act to amend Chapter 3 of Title 47 of the Official Code of Georgia Annotated, relating to the Teachers Retirement System of Georgia, so as to provide that a retired member who elected an optional retirement allowance that included one or more named beneficiaries shall be eligible to change any of such named beneficiaries under certain conditions and limitations; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.