Georgia legislation · 2025-2026 Regular Session
Georgia SB143: Georgia Firefighter's Pension Fund; certain members to retire at age 50; provide
Status: Signed into law, May 12, 2026
A BILL to be entitled an Act to amend Article 6 of Chapter 7 of Title 47 of the O.C.G.A., relating to retirement, retirement allowances, disability benefits, and death benefits relative to the Georgia Firefighter's Pension Fund, so as to provide for certain members to retire at age 50; to amend Article 7 of Chapter 20 of Title 47 of the O.C.G.A., the "Public Retirement Systems Investment Authority Law," so as to provide for an exception for the Georgia Firefighters' Pension Fund to invest in assets rated below investment grade; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Article 6 of Chapter 7 of Title 47 of the Official Code of Georgia Annotated, relating to retirement, retirement allowances, disability benefits, and death benefits relative to the Georgia Firefighter's Pension Fund, so as to provide for certain members to retire at age 50; to provide for certain members to continue working while receiving retirement benefits; to provide for certain members who have retired and reentered employment to accrue creditable service without a seven-year minimum…
From the introduced text:
A BILL TO BE ENTITLED To amend Article 6 of Chapter 7 of Title 47 of the Official Code of Georgia Annotated, relating to retirement, retirement allowances, disability benefits, and death benefits relative to the Georgia Firefighter's Pension Fund, so as to provide for certain members to retire at age 50; to provide for certain members to continue working while receiving retirement benefits; to provide for certain members who have retired and reentered employment to accrue creditable service without a seven-year minimum; to amend Article 7 of Chapter of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to provide for an exception for the Georgia Firefighters' Pension Fund to invest in assets rated below investment grade; to provide for a maximum percentage of assets to be invested in such assets; to raise the limit for the total percentage of funds that the Georgia Firefighter's Pension Fund may invest in alternative investments; to provide conforming changes; to provide for related matters; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: S. B. LC 56 0297 SECTION 1. Article 6 of Chapter 7 of Title 47 of the Official Code of Georgia Annotated, relating …
Sponsors
- McDonald III, Lauren (R) · primary sponsor
- John Albers (R) · primary sponsor
- Chuck Payne (R, 54)
- Kay Kirkpatrick (R, 32)
- Shawn Still (R, 48)
- Randy Robertson (R, 29)
- Ricky Williams (R, 25)
Latest actions
- : Effective Date
- : Act 630
- : Senate Date Signed by Governor
- : Senate Sent to Governor
- : Senate Agreed House Amend or Sub
- : House Passed/Adopted By Substitute
- : House Third Readers
- : House Committee Favorably Reported By Substitute
- : House Second Readers
- : House First Readers
Votes
- Senate Vote #941 (April 2, 2026): 52 yea, 1 nay, passed
- House Vote #809 (March 31, 2026): 168 yea, 0 nay, passed
- Senate Vote #550 (February 17, 2026): 47 yea, 3 nay, passed
Common questions
- What is SB143?
- SB143 is a bill in the Georgia Legislature (2025-2026 Regular Session): Georgia Firefighter's Pension Fund; certain members to retire at age 50; provide.
- What does SB143 do?
- In its own words: To amend Article 6 of Chapter 7 of Title 47 of the Official Code of Georgia Annotated, relating to retirement, retirement allowances, disability benefits, and death benefits relative to the Georgia Firefighter's Pension Fund, so as to provide for certain members to retire at age 50; to provide for certain members to continue working while receiving retirement benefits; to provide for certain members who have retired and reentered employment to accrue creditable service without a seven-year minimum…
- What is the status of SB143?
- Signed into law as of May 12, 2026. Latest action: Effective Date (July 1, 2026).
- Who sponsored SB143?
- McDonald III, Lauren (R), with 6 co-sponsors.
- Where is the official record for SB143?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/70178
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.