Requirements for receiving benefits

In order for a member to be eligible to receive retirement benefits under this chapter, he or she must have: (1) Served as a regularly qualified and commissioned full-time chief magistrate or as the secretary-treasurer for at least eight years; (2) Fully complied with this chapter; 744 47-25-81 (3) Terminated his or her official capacity as a full-time chief magistrate or as the secretary-treasurer; (4) Attained the age of 60 years; (5) Filed with the board his or her application for such retirement, on a form to be furnished by the board, within a period of 90 days, or as soon thereafter as possible, after reaching the age of 60 years or after termination of his or her official capacity as a full-time chief magistrate or as the secretary-treasurer, whichever may occur last in point of time; and (6) Had his or her application for retirement approved by the board. (Code 1981, § 47-25-80, enacted by Ga. L. 2006, p. 246, § 1/SB 244.) 47-25-81. Amount of benefit.