2016 Georgia Code
Title 47 - Retirement and Pensions
Chapter 21 - Regents Retirement Plan
Article 2 - Regents Retirement Health Benefit Fund
§ 47-21-25. Annual duties
(a) The board shall annually determine the minimum annual required contributions sufficient to maintain the fund in an actuarially sound manner in accordance with Governmental Accounting Standards Board Statement No. 43, or any subsequent Governmental Accounting Standards Board statements that may be applicable to the fund.
(b) The board may annually establish employer contribution rates for the purpose of establishing the health plan from fiscal year to fiscal year and additional employer contribution rates in accordance with the health plan for other post-employments benefits.
(c) It shall be the responsibility of employers to make contributions to the fund in accordance with the employer contribution rates established by the board.
Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
