All the assets of the retirement system shall be credited, according to the purpose for which they are held, among three funds, to be known as the ‘‘annuity savings fund,’’ the ‘‘pension accumulation fund,’’ and the ‘‘expense fund.’’ (Ga. L. 1949, p. 138, § 8; Ga. L. 1973, p. 900, § 2.)
Funds in which assets of the retirement system to be held
O.C.G.A. § 47-2-50, under EMPLOYEE AND EMPLOYER CONTRIBUTIONS AND CREATION OF FUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE.
O.C.G.A. § 47-2-50