SB23

Retirement; total percentage of funds that the Employees' Retirement System of Georgia may invest in alternative investments; raise the limit

Vetoed·5/12/26

Georgia SB23 raises the limit on alternative investments for the Employees' Retirement System of Georgia.

Georgia SB23 amends the Public Retirement Systems Investment Authority Law to increase the maximum percentage of funds the Employees' Retirement System of Georgia can invest in alternative investments from 5% to 10%. This change applies to the state's retirement system, potentially affecting the investment strategies and financial outcomes for Georgia retirees.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
12
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Democratic CaucusRepublican Caucus

Roll Call Votes

49 Yea

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1 Nay

R

3 Not Voting

RDR

1 Absent

D

Calendar

Mar 17

2:00 PM

House Retirement

Mar 25, 2025

1:30 PM

House Retirement

History

May 12

Senate

Senate Date Vetoed by Governor

May 12

Veto V8

Apr 10

Senate

Senate Sent to Governor