Tag Archives: ERS

Teachers’ pension revision stalls, but Iran is still on the table

A bill that would phase out the current teachers retirement system does not move forward in the Senate Retirement Committee . . .

Tags: ERS , Judson Hill , Paul Battles , state pension systems , teacher pensions , TRS

Senate passes alternative investments bill

Legislation passed by the Senate will allow the Employees Retirement System to invest in higher-return, higher-risk financial instruments . . .

Tags: alternative investments , derivatives , ERS , Tim Golden , venture capital

This form of gambling is always popular with lawmakers

Look for legislators to open up the state’s public pension funds to invest in venture capital funds and other areas that are now prohibited; retired teachers and state employees may want to pay attention to this . . .

Read Tom's Blog | Tags: alternative investments , Earl Ehrhart , Enron , ERS , Harry Geisinger , Nathan Deal , pension funds , TRS , venture capital

Employees’ Retirement System director steps down

The Employees’ Retirement System (ERS) is looking for a new executive director . . .

Tags: ERS , executive director , Jim Potvin , Pamela Pharris , pension fund

Political Notes – Despite what you may have heard, Snow is still alive

Former lawmaker Mike Snow tells the Employee Retirement System that reports of his death were greatly exaggerated . . .

Tags: appointments , ERS , Mike Snow , Nathan Deal

Lawmakers block professors’ pension swap

University System faculty who chose not to join the Teachers’ Retirement System won’t be allowed buy back into the pension plan . . .

Tags: ERS , faculty , House Retirement Committee , JRS , pension , Senate Retirement Committee , TRS , University System

State pension fund is in relatively good shape

Georgia’s pension funds for state employees and teachers are comparatively sound, according to a study released this week, but the state is lagging when it comes to putting money away to pay healthcare costs for retirees . . .

Tags: ERS , fiscal solvency , Georgia pension funds , retirees healthcare costs , TRS