There is a newer version of the Georgia Code
2014 Georgia Code
Title 47 - RETIREMENT AND PENSIONS
Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA
Article 3 - EMPLOYEE AND EMPLOYER CONTRIBUTIONS; CREATION OF FUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES
§ 47-3-44 - Crediting to pension accumulation fund; annual transfer from pension accumulation fund to provide regular interest
GA Code § 47-3-44 (2014) What's This?
All interest and dividends earned on the funds of the retirement system shall be credited to the pension accumulation fund. Once each year the board of trustees shall transfer from the pension accumulation fund to the annuity savings fund such amounts as are sufficient to allow regular interest on the balances of the individual accounts of members in the annuity savings fund.
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