Article 2 Administration and Management of the Assets of the Fund 47-14-20. 47-14-21. 47-14-22. 47-14-23. 47-14-24. 47-14-25. 47-14-26. Creation of the Board of Commissioners of the Superior Court Clerks’ Retirement Fund of Georgia; membership of the board; quorum; compensation and expenses. Creation of office of secretary-treasurer; selection, compensation, and powers and duties; periodic reports of moneys in hand, receipts, and expenditures; performance bond. Powers and duties of the board generally. Special account for funds; investment powers of board. Gifts, grants, and bequests. Duty of board to keep records; presentation of annual financial statement to Clerks’ Group of the County Officers’ Association of Georgia. Duty of the state auditor to make an annual audit and report; audit upon request of the board or the Governor; contents of annual report. 47-14-51. Article 5 Retirement Benefits, Disability Benefits, and Spouses’ Benefits 47-14-70. 47-14-71. 47-14-72. 47-14-73. 47-14-74. Article 3 47-14-75. Membership in and Contributions to the Fund 47-14-40. 47-14-76. Application for membership in the fund; payments by members into the fund; penalties for late payment; creditable service impacted by late payments. ‘‘Collecting authority’’ defined; payments to fund from fines and bonds collected in criminal and quasi-criminal cases; duty of collecting authority to record and remit; penalty for late payment. Payments to the fund from fees collected in certain civil actions and for recording of instruments pertaining to real estate; records; audit of records; use of sums remitted; failure of clerk to remit. 47-14-77. 534 Eligibility for retirement benefits; additional or partial retirement benefits; election to provide both retirement and survivors benefits. Eligibility for disability benefits; determination of disability. Benefits payable in the event of death before retirement; rights of surviving spouse. Eligibility to retire and receive retirement benefits; effect of retirement before age 55. Application of certain increases in benefits to benefits paid to surviving spouses. Eligibility for certain benefit increases. Right to withdraw dues; effect of withdrawal on membership and benefits; eligibility to rejoin the fund. Service for which no credit received for retirement purposes. T.47, C.14 Sec. 47-14-78. 47-14-79. SUPERIOR COURT CLERKS’ RETIREMENT FUND Sec. Service for which credit received for retirement purposes. Death benefit paid to designated beneficiary of member who dies in service. 47-14-91. Article 6 Miscellaneous Provisions 47-14-90. 47-14-1 Reduction of benefits upon de- termination that available funds are insufficient; order of payment upon resumption of payments in full; liability of board for such reductions. Exemption of rights and benefits under this chapter from taxation; exemption from levy and sale, garnishment, attachment, or other process; assignability. ARTICLE 1 GENERAL PROVISIONS 47-14-1. Definitions.