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.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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