SB 261: Magistrates Retirement Fund; early retirement benefit; provide

Summary

A BILL to be entitled an Act to amend Chapter 25 of Title 47 of the Official Code of Georgia Annotated, relating to the magistrates retirement fund, so as to provide for an early retirement benefit; to provide for an employee contribution increase; to replace the statutory maximum monthly compensation used to calculate a benefit with an amount determined by the board; to increase the maximum number of years of service used to calculate a benefit; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

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May 11, 2026

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