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Committee advances governor-backed plan to raise public-safety retirement match to 15%
Summary
Senators advanced SB452, presented on behalf of Gov. Kemp, to increase employer matches for public-safety employees' defined-contribution plans to a 15% maximum after 10 years of service; sponsors said the change aims to improve recruitment and retention and cited a 2023 internal survey of the Georgia State Patrol.
The Senate Retirement Committee advanced SB452, a governor-backed proposal to increase employer contribution matches on public-safety employees' defined-contribution retirement accounts to a maximum 15% after 10 years of service.
Senator Beau Hatchett, presenting the bill on behalf of Governor Kemp, said the model would gradually increase the employer contribution rate tied to years of service, with the maximum 15% match available after 10 years. "This…
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