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2006 Georgia Code - 47-2-182
47-2-182. (a) As used in this Code section, the
term: (1) 'Local retirement
system' means a retirement system maintained by a county or
independent school district for the purpose of providing a
retirement benefit program for the teachers and other employees of
the county or independent school district. (2) 'Teacher' means a teacher as defined in
paragraph (28) of Code Section 47-3-1. (b) Any member who was employed by a county or
independent school district as a teacher at any time prior to July
1, 1979, and who was a member of a local retirement system during
such employment and who is not and will not become eligible to
receive any benefit under the provisions of said local retirement
system shall be eligible to obtain creditable service under this
retirement system for any part or all of such previous employment
as a teacher, subject to the following conditions and
requirements: (1) The member
must pay to the board of trustees employee and employer
contributions for the creditable service claimed under this Code
section based on the compensation actually received for the
teaching service claimed as creditable service; (2) The member must pay to the board of trustees
regular interest on the amount determined under paragraph (1) of
this subsection compounded annually from the time the teaching
service was rendered until the time of payment; and
(3) No creditable service obtained
under this Code section shall be used in determining the
qualifications of a member to receive benefits under this chapter
other than vested rights, death or disability benefits, or normal
service retirement allowances. (c) Any member wishing to obtain creditable
service pursuant to the provisions of this Code section shall apply
therefor to the board of trustees in such manner as the board shall
require. The board of trustees may require such documentation as
may be necessary to verify teaching service and compensation
therefor that is claimed as creditable service under this Code
section.
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