Georgia

Georgia has two main public retirement systems, ERGSA and TRSGA, governed by separate boards.

• The TRSGA board represents all eligible public teachers and consists of 10 members: the State Treasurer, State Auditor, 5 members appointed by the Governor (2 TRSGA members who are classroom teachers and not employees of the Board of Regents, 1 TRSGA member who is a public school administrator, 1 TRSGA member who is not an employee of the Board of Regents, and 1 Member-at-Large), 1 Board of Regents appointee who is a TRSGA member and an employee of the Board of Regents, and 2 Trustee appointees (1 retired TRSGA member and 1 member experienced in the investment of money, but not a member TRSGA).

ERGSA is governed by three main Boards:

• The PSERS board represents public school employees; the board consists of 9 members: 3 Ex Officio (State Auditor, State Treasurer, Department of Administrative Services Commissioner); 3 appointed by the Governor; 2 elected by other Trustees who have had at least five years of creditable service in ERS; 1 elected by other Trustees who has had at least 10 years of investment experience.
• The JRS board represents state judges and justices; the board consists of 10 members: 3 Ex Officio (State Auditor, State Treasurer, Department of Administrative Services Commissioner); 1 appointed by the Governor; 2 appointed by the Governor who are a superior court judge, state court judge, district attorney, state court solicitor-general, or a juvenile court judge; 2 elected by other Trustees who have had at least five years of creditable service in ERS; 1 elected by other Trustees who have had at least 10 years of investing experience.
• The ERS board represents all other eligible state employees; the board consists of 7 members: 3 Ex Officio (State Auditor, State Treasurer, Department of Administrative Services Commissioner); 1 appointed by the Governor; 2 elected by other Trustees who have had at least five years of creditable service in ERS; 1 elected by other Trustees who have had at least 10 years of investing experience.