ATLANTA (AP) — Georgia’s state workers participating in the Employees Retirement System will get bonuses of up to $1,800 this year, but will once again not get permanent increases in their pensions.
The pension fund's board voted Thursday to give 54,000 retired workers 3% bonus checks. It's capped at $1,800 for people with pensions at or above $30,000 a year.
Retirees have received similar bonuses in recent years. The checks generally go out in January and July. Leaders of the Georgia State Retirees Association would prefer that retirees get a permanent cost of living. That wouldn’t require a board vote each year, and future increases would compound upon each other.