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Thursday, February 16, 2023 - Legislative Day #20
Archive of Past Legislative Alerts 

2023 GAE Day at the Capitol is Thursday!
Senators heard ESP retirement bill today
The Senate Retirement Committee this afternoon heard a GAE-supported bill to improve retirement benefits for ESPs covered under the state's Public School Employees Retirement System (PSERS).

Currently, monthly benefits are capped by state law at maximum of $495 a month with 30 years of service.  However, maximum monthly benefits are currently funded at less than that, $480 a month, again, for those with 30 years of service.

SB 105 would allow retirement benefits for school custodians, maintenance workers, food service workers, and bus drivers in PSERS to rise as high as the General Assembly would fund them but no less than a minimum of $510.
Sen. Randy Robertson hands out model school buses to members of the Senate Retirement Committee as a reminder to the committee of the importance of all Education Support Professionals (ESPs) to our schools and students.
Monthly benefits are calculated using a simple formula, a dollar amount multiplied by years of service.  Currently, that multiplier is set at $16.00.  It could rise to $16.50, but no higher, according to state law.  Eliminating that multiplier allows the multiplier to grow as large as the General Assembly will fund it.  SB 105, eliminates that multiplier altogether, except to set a mimimum of $17.  In other words, the multiplier could never drop below that.

Until SB 105 is enacted, GAE is hoping increase the multiplier to the current allowed maximum of $16.50.  Momentum to do so in the legislature appears to be growing.
GAE President testifies today on SB 105, legislation that would begin to improve ESPs retirement benefits.

The full hearing may be viewed at: https://vimeo.com/showcase/9076493?autoplay=1
Sen. Larry Walker, R-Perry, second from the left, presents the bill to his colleagues.  Sen. Josh McLaurin, D-Fulton County, first on the left also supports the bill.
GAE-Retired Director Karen Solheim speaks to the committee on the importance of ESPs to our students and schools.

GAE DAY AT THE CAPITOL
THURSDAY, FEBRUARY 23
Register today for the 2023 GAE Day at the Capitol

Next Legislative Alert will be Tuesday, February 21
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