Georgia Defined Contribution Plan; exclude part-time students from membership
HB 1113 restricts Georgia's defined contribution retirement plan membership to full-time students only, excluding part-time student workers from program eligibility.
HB 1113 restricts Georgia's defined contribution retirement plan membership to full-time students only, excluding part-time student workers from program eligibility.
HB 1113 proposes to exclude part-time students from membership in Georgia's defined contribution retirement plan. The bill modifies eligibility requirements for student participation in what appears to be a state-sponsored retirement savings program, restricting access to full-time students only.
This change affects retirement security planning for part-time student workers, potentially reducing their access to employer-sponsored retirement savings opportunities during their education. The modification could have long-term financial implications for part-time students, particularly those from lower-income backgrounds who may rely on part-time work to fund their education.
Compiled from official sources — confirm details with the bill’s official record.
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