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22 chapters · 673 sections in this title.
O.C.G.A. § 47-22-1 Definitions
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As used in this chapter, the term: (1) ‘‘Accumulated contributions’’ means the sum of all amounts deducted from the compensation of a member’s salary and credited to such member’s individual account in this plan, together with earnings thereon as provided in this chapter. (2) ‘‘B…
O.C.G.A. § 47-22-10 Lump sum payment on death of member
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Upon the death of any member, a lump sum amount shall be paid to such person as the member has nominated by written designation, filed with the board; otherwise to the member’s estate. Such lump sum amount shall be equal to the total amount credited to the member’s account on the…
O.C.G.A. § 47-22-11 Member contributions; earnings
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Payment of lump sum on termination of employment; continued accrual of earnings absent request for lump sum payment; withdrawal of moneys and closing of account upon cessation of employment; vesting and nonforfeitablility. Lump sum payment on death of member. Retirement; option t…
O.C.G.A. § 47-22-2 Creation of Georgia Defined Contribution Plan
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There is created and placed under the administration of the Board of Trustees of the Employees’ Retirement System of Georgia the Georgia Defined Contribution Plan. (Code 1981, § 47-22-2, enacted by Ga. L. 1992, p. 1288, § 1.)