Chapter 5. Georgia Municipal Employees Benefit System
Article 1. General Provisions
Article 2. Administration and Management of the Assets of the Benefit System
- § 47-5-20. Creation of Board of Trustees
- § 47-5-21. Membership of Board
- § 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
- § 47-5-23. Powers of the Board of Trustees Generally
- § 47-5-24. Powers of Board With Regard to Funds Held By It
- § 47-5-25. Valuation of Assets of the Retirement System
- § 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
- § 47-5-27. Payment of Administrative Expenses of the Board of Trustees; Allocation of Expenses Among Member Municipalities
- § 47-5-28. Accounts For Participating Employees, Member Employers, and As Otherwise Required; Authorization of Funds; Commingling Restriction
- § 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
- § 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
- § 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
- § 47-5-41. Establishment and Use of Master Plans
- § 47-5-42. Provisions of Contracts and Plans
- § 47-5-43. Provisions For Early and Normal Retirement Ages
- § 47-5-44. Credit For Prior Service
- § 47-5-45. Uninterrupted Participation During Transfer From One Member Municipality to Another
- § 47-5-46. Transfer of Credits
- § 47-5-47. Return of Contributions to Employee Or Employee's Estate
Article 4. Miscellaneous Provisions
- § 47-5-70. Creation of Debts of the State Under This Chapter
- § 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
- § 47-5-72. Exemption of Chapter From Regulation Under Title 33