News

Overview

News

Check here for the latest news and updates from ERSGA.

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ERS Integrated Statements
March 2024

The ERS Personal Statement of Retirement Benefits are now available in your online ERSGA account!

Check out your personalized, easy-to-read statement!

Your data is presented in colorful and visually appealing charts and graphs, with valuable information to provide your at-a-glance retirement snapshot   

Tour annual statement is available online at the ERSGA and GaBreeze websites.

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Retirees: 2024 Georgia State Tax Withholding

Changes to State Tax Rates

You may see an increase in the net amount of your retirement benefit beginning with your January 31, 2024 payment.

Governor Kemp signed HB 1437 into law on April 26, 2022. This bill replaced the graduated personal income tax with a flat rate of 5.49% effective January 1, 2024. The rate will reduce each year until the flat rate reaches 4.99%.

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Peach State Reserves (PSR)
Member Advisory

Peach State Reserves (PSR) Fund Change

Please be advised that the PSR International Stock Index Fund will exclude investments in China beginning 3/1/2024. This fund is part of the PSR Lifecycle Fund lineup.

No action is required at this time.

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Unsolicited Emails
October 5, 2022

You may have seen an increase in the number of unsolicited communications offering to help you understand your benefits. From retirement plans to life insurance, these businesses claim to show you how these benefits fit into your retirement planning.

As a current or former Georgia state employee, retiree, or beneficiary you will periodically receive information from: 

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Changes to Peach State Reserves
Updated January 2023

Changes have been made to the PSR 401(k) and 457 Plans. These changes are a result of the federal SECURE Act, as well as PSR administrative decisions. 

Effective January 1, 2023:

401(k) and 457: The age for Required Minimum Distribution (RMD) was raised from 72 to 73. (SECURE Act)

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Protect Yourself from Fraud
Retirees and Retirement Eligible

ERSGA and Peach State Reserves (PSR) take the protection of your personal data very seriously. We employ numerous security protocols to keep your personal information safe.

However, if you have been the victim of identity theft, or if you believe your ERSGA or PSR account has been compromised, please immediately contact:

ERSGA 404.350.6300
GaBreeze for PSR 1.877.342.7339

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Sending a Document to ERSGA?

Did you know that you can scan documents and upload them through our online secure portal? The documents will be received directly by our office and you can avoid any delays that may be caused by mailing documents. Please allow two business days after uploading a document for it to be available to ERSGA staff.

To begin uploading documents:

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Is Your Beneficiary Information Current?

As a member of one of ERSGA’s retirement plans, you’ve already taken an important first step in securing your financial security in retirement. But what about the financial security of your loved ones? Keeping your beneficiary information current ensures benefits from the retirement plans are paid in accordance with your wishes in the event of your death.

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Beneficiary Information for Retirees

Keeping your beneficiary information current ensures benefits from the retirement system are paid in accordance with your wishes in the event of your death. 

If you are not sure who you elected as your beneficiary(ies), you can view your selection online using the Log In button at the top of any page on our website, or by contacting us. It is important that we have your most current beneficiary information on file.

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7 Tips for Strong and Secure Passwords

Keeping your data – and yourself – safe online is more important than ever. One of the easiest ways you can do this is by setting strong and secure passwords for your online accounts.

Here are some tips for making strong, secure passwords:

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Is Your Personal Contact Information Current?

To provide you with account updates, announcements, and important information, please take a moment to confirm that we have your current contact information on file including:

  • Mailing address
  • Email address
  • Phone number

We will be preparing 1099s based on address information available on December 31.  Take a moment to review your address information in order to ensure you receive your 1099.

To view and update your information, use the Log In button at the top of the page to access your account today!

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Updating Your Beneficiary Information
In Retirement

When you retired, you selected a form of pension payment. If you selected a monthly benefit that continues to your beneficiary after your death, it is important for ERSGA to have your beneficiary’s current information on file.

Use the Log In button at the top of the page to access your secure account and confirm the following information is updated for your designated beneficiary(ies): 

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Credit Report Errors

Are You among the 1 Out of 5 People who have an error?

According to the Federal Deposit Insurance Corporation (FDIC), 20% of Americans have a mistake on their credit report. According to the FDIC, “incorrect or outdated negative information on a credit report can adversely affect a consumer’s ability to borrow money under the most favorable terms, so it is important to make sure the information is correct.”

Examples of credit reporting errors may include: