Definitions

Involuntary separation from employment; grounds and procedures for discharge of employees. Employee’s right to judicial review following discharge from employment. 47-2-3. 47-2-28. 47-2-29. 47-2-30. Article 2 Creation, Administration, and Management of the Assets of the Retirement System 47-2-20. 47-2-21. 47-2-22. 47-2-23. 47-2-24. 47-2-25. 47-2-26. 47-2-27. 47-2-31. 47-2-32. 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. Power and duty of board of trustees to administer and operate retirement system; membership of board; vacancies; expenses; oath; quorum. Election of chairman and director; actuarial services; application of the State Personnel Administration; payment of costs of the State Personnel Administration. Treasurer of the board of trustees; manner of payment of funds of the retirement system; surety bond for the treasurer. Designation of medical board; duties. Legal adviser of the board of trustees. Designation of an actuary; duties of actuary; annual valuation of contingent assets and liabilities of the retirement system. Duty of board of trustees to 47-2-33. keep data necessary for actuarial valuations; duty to keep records of proceedings; annual report. Simplified tables for estimation of retirement allowances; effect on existing rights and benefits; formula for calculating service retirement allowances. Postretirement benefit adjustments. Deposits of cash available for disbursements for benefits and other payments. Investment powers; power to employ agents as investment advisers and to make investments. Personal interest in gains or profits from investments made by the board of trustees; unauthorized use of assets of the retirement system. Plan year designated. Article 3 Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses 47-2-50. 47-2-51. 47-2-52. 47-2-53. 45 Funds in which assets of the retirement system to be held. Annuity savings fund and employee contributions to it; deductions; effect of default with respect to employer contributions; payments, withdrawal, or transfer of funds. Employer’s duty to deduct and report employee contributions; duty of chief fiscal officer to remit employee contributions; effect of failure to comply. Effect of failure of any employee, employer, or reporting official to make contributions or to make reports with respect to employment and membership. T.47, C.2 Sec. 47-2-54. 47-2-55. 47-2-56. 47-2-57. 47-2-58. 47-2-59. 47-2-60. RETIREMENT AND PENSIONS Sec. Payment of state employee contributions on behalf of employees; inclusion of contributions in compensation for determining benefits; adjustment in compensation of state employees; ‘‘pick-up’’ contributions. Pension accumulation fund; purposes; employer contributions; crediting of interest and dividends earned on funds of the retirement system. Maintenance of annuity and pension reserves and payment of benefits under this chapter as obligations of the pension accumulation fund; permissible uses of assets of the fund. Certification of normal cost and unfunded accrued liability contribution rates to employers; provision in employer’s budget for employer contributions. Commencement date for contributions to retirement system [Repealed]. Effective date of chapter; effect of budget appropriations on obligation of state agency or other employer to make contributions. Expense fund; purposes. 47-2-91. 47-2-92. 47-2-93. 47-2-94. 47-2-95. 47-2-96. 47-2-96.1. Article 4 47-2-96.2. Membership in the Retirement System 47-2-70. 47-2-70.1. 47-2-71. 47-2-72. 47-2-73. Determination of membership; termination of membership. Employees of new state agencies. Membership in Employees’ Social Security Coverage Group. Procedure for electing not to become a member. Election of retirement system by members of Georgia Judicial Retirement System; effect of subsequent legislation. 47-2-97. 47-2-98. Article 5 47-2-99. Service Creditable Toward Retirement Benefits 47-2-90. T.47, C.2 Rules and regulations with re- 46 gard to credit for service; credit for service in the Georgia National Guard, Georgia State Guard, and General Assembly. Credit for accumulations of forfeited annual and sick leave. Reestablishment of service credit after withdrawal of accumulated contributions from this retirement system or the Teachers Retirement System of Georgia; payments required to obtain credit. Credit for service rendered after December 31, 1953, by persons who were not members at the time; payments required to obtain credit. Service credit provided for persons whose membership was terminated for failure to render at least one year of service in a five-year period. Credit for service during World War I, World War II, or the Korean Conflict; credit for service in the Georgia National Guard or the Georgia State Guard [Repealed]. Prior service credit; payments required to obtain credit [Repealed]. Creditable service for temporary full-time employment by legislative branch [Repealed]. Creditable service for uncredited full-time service with executive branch [Repealed]. Applicability of creditable service under Code Section 47-2-93 or subsection (b) of Code Section 47-2-96 toward involuntary separation benefits; requirement as to full-time employment for credit [Repealed]. Creditable service for member who was officer or employee of Georgia Housing and Finance Authority. Applicability of creditable service under Code Section 47-2-334 and Chapter 22 of this title; obtaining service and application for creditable service. T.47, C.2 Sec. 47-2-100. EMPLOYEES’ RETIREMENT SYSTEM OF GEORGIA Sec. butions upon termination of employment other than by death or retirement. Additional creditable service. Article 6 Retirement and Eligibility for a Retirement Allowance 47-2-110. 47-2-111. T.47, C.2 Article 8 Provisions Applicable to Particular Groups of Employees Retirement ages; application and eligibility for a retirement allowance; suspension of retirement allowance upon reemployment; health benefits. Persons eligible to retire at age 55. Part 1 Persons Employed by the Armed Forces of the United States and Other Federal Agencies 47-2-140. Article 7 Retirement Allowances, Disability Benefits, Spouses’ Benefits 47-2-120. 47-2-121. Retirement allowances.