HB1056: Georgia Firefighters' Pension Fund; authority to make alternative investments; repeal certain restrictions

Legislative Summary

A BILL to be entitled an Act to amend Title 47 of the Official Code of Georgia Annotated, relating to retirement and pensions, so as to repeal certain restrictions and requirements concerning the authority to make alternative investments for the Georgia Firefighters' Pension Fund; to increase the percentage of alternative investments allowable for the Georgia Firefighters' Pension Fund; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.