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2024 CODE OF GEORGIA
Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101)
Chapter 2 - EMPLOYEES' RETIREMENT SYSTEM OF GEORGIA (§§ 47-2-1 — 47-2-360)
Article 2 - CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM (§§ 47-2-20 — 47-2-33)
- Section 47-2-20 - Creation of retirement system; purpose, management, corporate powers and privileges, and certain rights in actions at law of retirement system; name under which retirement system to transact business
- Section 47-2-21 - Power and duty of board of trustees to administer and operate retirement system; membership of board; vacancies; expenses; oath; quorum
- Section 47-2-22 - Election of chairperson and director; actuarial services; application of state system of personnel administration; payment of costs of personnel administration
- Section 47-2-23 - Treasurer of the board of trustees; manner of payment of funds of the retirement system; surety bond for the treasurer
- Section 47-2-24 - Designation of medical board; duties
- Section 47-2-25 - Legal adviser of the board of trustees
- Section 47-2-26 - Designation of an actuary; duties of actuary; annual valuation of contingent assets and liabilities of the retirement system
- Section 47-2-27 - Duty of board of trustees to keep data necessary for actuarial valuations; duty to keep records of proceedings; annual report
- Section 47-2-28 - Simplified tables for estimation of retirement allowances; effect on existing rights and benefits; formula for calculating service retirement allowances
- Section 47-2-29 - Postretirement benefit adjustments
- Section 47-2-30 - Deposits of cash available for disbursements for benefits and other payments
- Section 47-2-31 - Investment powers; power to employ agents as investment advisers and to make investments
- Section 47-2-32 - Personal interest in gains or profits from investments made by the board of trustees; unauthorized use of assets of the retirement system
- Section 47-2-33 - Plan year designated
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