Chapter 5. Georgia Municipal Employees Benefit System
Article 1. General Provisions
Article 2. Administration and Management of the Assets of the Benefit System
- OCGA § 47-5-20 Creation of Board of Trustees
- OCGA § 47-5-21 Membership of Board
- OCGA § 47-5-22 Officers of the Board of Trustees; Election; Merger of Offices of Secretary and Treasurer; Compensation of the Secretary and Treasurer; Treasurer's Performance Bond
- OCGA § 47-5-23 Powers of the Board of Trustees Generally
- OCGA § 47-5-24 Powers of Board With Regard to Funds Held By It
- OCGA § 47-5-25 Valuation of Assets of the Retirement System
- OCGA § 47-5-26 Duty of Board of Trustees to File an Annual Financial Report With Each Member Employer; Filing of Objections to Transactions Shown In Such Report
- OCGA § 47-5-27 Payment of Administrative Expenses of the Board of Trustees; Allocation of Expenses Among Member Municipalities
- OCGA § 47-5-28 Accounts For Participating Employees, Member Employers, and As Otherwise Required; Authorization of Funds; Commingling Restriction
- OCGA § 47-5-29 Periodic Determination of Principal and Income of the Funds; Periodic Merger of Principal and Income; Method For Determination of Principal Value of Each Unit of Funds
- OCGA § 47-5-30 Periodic Audit of the Accounts of the Board of Trustees; Contents and Availability of Report of Such Audit; Standard of Care In Conduct of the Audit and Liability of Auditors
Article 3. Retirement Plans
- OCGA § 47-5-40 Power of Employers to Establish Retirement Plans; Benefits Under Such Plans; Power to Implement Such Plans By Contract; Financing of Such Plans
- OCGA § 47-5-41 Establishment and Use of Master Plans
- OCGA § 47-5-42 Provisions of Contracts and Plans
- OCGA § 47-5-43 Provisions For Early and Normal Retirement Ages
- OCGA § 47-5-44 Credit For Prior Service
- OCGA § 47-5-45 Uninterrupted Participation During Transfer From One Member Municipality to Another
- OCGA § 47-5-46 Transfer of Credits
- OCGA § 47-5-47 Return of Contributions to Employee Or Employee's Estate
Article 4. Miscellaneous Provisions
- OCGA § 47-5-70 Creation of Debts of the State Under This Chapter
- OCGA § 47-5-71 Exemption From Levy, Attachment, Or Other Process of Funds Held By the Board of Trustees Or For Its Account; Assignment of Benefits Or Contracts Established Under This Chapter
- OCGA § 47-5-72 Exemption of Chapter From Regulation Under Title 33