Chapter 2. Employees' Retirement System of Georgia
Article 2. Creation, Administration, and Management of the Assets of the Retirement System
- § 47-2-20. Creation of Retirement System; Purpose, Management, Corporate Powers and Privileges, and Certain Rights In Actions At Law of Retirement System; Name Under Which Retirement System to Transact Business
- § 47-2-21. Power and Duty of Board of Trustees to Administer and Operate Retirement System; Membership of Board; Vacancies; Expenses; Oath; Quorum
- § 47-2-22. Election of Chairman and Director; Actuarial Services; Application of the State Merit System of Personnel Administration; Payment of Costs of the State Merit System of Personnel Administration
- § 47-2-23. Treasurer of the Board of Trustees; Manner of Payment of Funds of the Retirement System; Surety Bond For the Treasurer
- § 47-2-24. Designation of Medical Board; Duties
- § 47-2-25. Legal Advisor of the Board of Trustees
- § 47-2-26. Designation of an Actuary; Duties of Actuary; Annual Valuation of Contingent Assets and Liabilities of the Retirement System
- § 47-2-27. Duty of Board of Trustees to Keep Data Necessary For Actuarial Valuations; Duty to Keep Records of Proceedings; Annual Report
- § 47-2-28. Tables, Calculations, and Schedules For Operation of the Retirement System; Simplified Tables For Estimation of Retirement Allowances; Effect On Existing Rights and Benefits
- § 47-2-29. Postretirement Benefit Adjustments
- § 47-2-30. Deposits of Cash Available For Disbursements For Benefits and Other Payments
- § 47-2-31. Investment Powers; Power to Employ Agents As Investment Advisors and to Make Investments
- § 47-2-32. Personal Interest In Gains Or Profits From Investments Made By the Board of Trustees; Unauthorized Use of Assets of the Retirement System
Article 3. Employee and Employer Contributions and Creation of Funds For Contributions, Benefits, and Administrative Expenses
- § 47-2-50. Funds In Which Assets of the Retirement System to Be Held
- § 47-2-51. Annuity Savings Fund and Employee Contributions to It; Deductions; Effect of Default With Respect to Employer Contributions; Payments, Withdrawal, Or Transfer of Funds
- § 47-2-52. Employer's Duty to Deduct and Report Employee Contributions; Duty of Chief Fiscal Officer to Remit Employee Contributions; Effect of Failure to Comply
- § 47-2-53. Effect of Failure of Any Employee, Employer, Or Reporting Official to Make Contributions Or to Make Reports With Respect to Employment and Membership
- § 47-2-54. Payment of Employee Contributions On Behalf of Employees; Inclusion of Such Contributions In Compensation For Purposes of Determining Benefits; Adjustment In Compensation of State Employees
- § 47-2-55. Pension Accumulation Fund; Purposes; Employer Contributions; Normal and Accrued Liability Contribution Rates; Crediting of Interest and Dividends Earned On Funds of the Retirement System
- § 47-2-56. Maintenance of Annuity and Pension Reserves and Payment of Benefits Under This Chapter As Obligations of the Pension Accumulation Fund; Permissible Uses of Assets of the Fund
- § 47-2-57. Certification of Normal and Accrued Liability Contribution Rates to Employers; Provision In Employer's Budget For Employer Contributions
- § 47-2-58. Commencement Date For Contributions to Retirement System
- § 47-2-59. Effective Date of Chapter; Effect of Budget Appropriations On Obligation of State Agency Or Other Employer to Make Contributions
- § 47-2-60. Expense Fund; Purposes
Article 4. Membership In the Retirement System
- § 47-2-70. Determination of Membership; Election of Nonmembership; Termination of Membership
- § 47-2-70.1. Employees of New State Agencies
- § 47-2-71. Membership In Employees' Social Security Coverage Group; Deduction of Employer Tax For Social Security Coverage; Notice of Referendum With Regard to Social Security Coverage
- § 47-2-72. Procedure For Electing Not to Become a Member
- § 47-2-73. [Election of Retirement System By Members of Georgia Judicial Retirement System; Effect of Subsequent Legislation]
Article 5. Service Creditable Toward Retirement Benefits
- § 47-2-90. Rules and Regulations With Regard to Credit For Service; Credit For Service In the Georgia National Guard, Georgia State Guard, and General Assembly
- § 47-2-91. Credit For Accumulations of Forfeited Annual and Sick Leave
- § 47-2-92. Reestablishment of Service Credit After Withdrawal of Accumulated Contributions From This Retirement System Or the Teachers Retirement System of Georgia; Payments Required to Obtain Credit
- § 47-2-93. Credit For Service Rendered After December 31, 1953, By Persons Who Were Not Members At the Time; Payments Required to Obtain Credit
- § 47-2-94. Service Credit Provided For Persons Whose Membership Was Terminated For Failure to Render At Least One Year of Service In a Five-Year Period
- § 47-2-95. Credit For Service During World War I, World War II, Or the Korean Conflict; Credit For Service In the Georgia National Guard Or the Georgia State Guard
- § 47-2-96. Prior Service Credit; Payments Required to Obtain Credit
- § 47-2-96.1. Creditable Service For Temporary Full-Time Employment By Legislative Branch
- § 47-2-96.2. Creditable Service For Uncredited Full-Time Service With Executive Branch
- § 47-2-97. Applicability of Creditable Service Under Code Section 47-2-93 Or Subsection (B) of Code Section 47-2-96 Toward Involuntary Separation Benefits; Requirement As to Full-Time Employment For Credit
- § 47-2-98. Creditable Service For Member Who Was Officer Or Employee of Georgia Housing and Finance Authority
- § 47-2-99. [Applicability of Creditable Service Under Code Section 47-2-334 and Chapter 22 of This Title; Obtaining Service and Application For Creditable Service]
Article 6. Retirement and Eligibility For a Retirement Allowance
Article 7. Retirement Allowances, Disability Benefits, Spouses' Benefits
- § 47-2-120. Retirement Allowances
- § 47-2-121. Optional Retirement Allowances
- § 47-2-122. Vesting of Rights to a Retirement Allowance Despite Early Retirement; Retirement Allowance Payable to Such Persons
- § 47-2-123. Allowance Payable Upon Death, Disability, Or Involuntary Separation From Employment; Restrictions On Separating From State Service Employee Entitled to Involuntary Separation Benefits
- § 47-2-123.1. [Repealed]
- § 47-2-124. Eligibility For Benefits of Persons With At Least 95 Percent of Required Service Credit
- § 47-2-125. Reexamination of Persons Receiving Disability Benefits; Effect of Refusal to Undergo Examination; Effect of Ability to Engage In Gainful Employment
- § 47-2-126. Restoration to Service of Disability Beneficiary
- § 47-2-127. Applicable Ages For Computation of Benefits; Duration of Benefits
- § 47-2-128. Survivors Benefit Coverage; Fund; Contributions
- § 47-2-129. Group Term Life Insurance Protection As Part of Survivors Benefits Program
- § 47-2-130. Refund of Accumulated Contributions Upon Termination of Employment Other Than By Death Or Retirement
Article 8. Provisions Applicable to Particular Groups of Employees
- Part 1. Persons Employed By the Armed Forces of the United States and Other Federal Agencies
- Part 2. Members and Employees of the General Assembly
- Part 3. Teachers and Members of the Teachers Retirement System of Georgia
- Part 3.1. Transfer of Service Credits From Public School Employees Retirement System
- Part 4. Employees of Certain State Departments
- Part 5. Certain Law Enforcement Personnel
- Part 6. Justices of the Supreme Court, Judges of the Court of Appeals, and Their Employees
- Part 7. Superior Court Judges, District Attorneys, Assistant District Attorneys, Employees of the Prosecuting Attorneys' Council
- Part 8. Employees of the Peace Officers' Annuity and Benefit Fund
- Part 9. Judges and Other Court Employees; Certain County Employees
- Part 10. Employees of Certain State Authorities and Commissions
Article 9. Miscellaneous Provisions
- § 47-2-330. Application of Other State Funded Pension Or Retirement Programs to Members Or Beneficiaries, Their Surviving Spouses, Or Dependents
- § 47-2-331. Reporting of Employee Contributions For Federal and State Income Tax Purposes
- § 47-2-332. Exemption of Rights and Benefits From Taxes, Legal Process, and Assignment of Retirement System Property As Public Property; Exemptions For Retirement System Property
- § 47-2-333. Attempts to Defraud the Retirement System By False Statements Or Falsified Records; Adjustments of Erroneous Payments
- § 47-2-334. Service Retirement Allowance; Calculation; Employee Membership Contributions; Employer Contributions; Optional Membership; Conditions; Construction of Provision