GA HB808

Establishes the State Law Enforcement Officer Plan (SLEO Plan) within Georgia's Employees' Retirement System, offering enhanced retirement benefits for eligible state law enforcement officers who make an irrevocable election to participate within 90 days of becoming an officer or July 1, 2026, whichever is later.

Requires participating officers to contribute 5% of earnable compensation, with a tiered benefit structure: 10% of average final compensation at 10 years of service, plus 3% per year for years 11-15, 5% per year for years 16-20, and 6% per year for years 21-25.

Contributions cease after 25 years of creditable service, at which point officers who continue working have monthly benefits deposited into a Deferred Retirement Option Program (DROP) Account that earns market-rate interest.

Covers sworn peace officers from 24 state agencies including the Department of Public Safety, Georgia Bureau of Investigation, Department of Corrections, Department of Natural Resources, and Georgia Ports Authority.

Effective date is July 1, 2026, contingent on concurrent funding certification; earliest retirement eligibility under the plan is July 1, 2031, and the Act will automatically repeal if not properly funded.