Title 47 — Title 47
0 chapters · 311 sections in this title.
O.C.G.A. § 47-5-23 Powers of the board of trustees generally
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The board of trustees shall have the following specific powers, together with such other powers as may be necessary or incidental to such powers in effectuating the purposes of this chapter: (1) To adopt bylaws governing its operations and procedures; (2) To contract with municip…
O.C.G.A. § 47-5-24 Powers of board with regard to funds held by it
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(a) The board of trustees is authorized to invest and reinvest funds held by it in any investments which are legal investments under Article 7 of Chapter 20 of this title, the ‘‘Public Retirement Systems Investment Authority Law’’. The board of trustees shall have the discretion …
O.C.G.A. § 47-5-25 Valuation of assets of the retirement system
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The board of trustees shall prescribe in its bylaws the method of valuation of assets, which method shall be in accordance with acceptable accounting practices in use by corporate trustees. (Ga. L. 1965, p. 421, § 18.) 47-5-26. Duty of board of trustees to file an annual financia…
O.C.G.A. § 47-5-41 Establishment and use of master plans
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(a)(1) The board of trustees has the power to establish one or more master plans which may be adopted by any employer that, upon the date that it agrees to join the plan, has fewer than 16 employees who elect and are qualified for plan participation. The employees to be covered, …
O.C.G.A. § 47-5-42 Provisions of contracts and plans
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(a) Each member employer that has adopted a plan for the provision of retirement benefits or employee benefits under Code Section 47-5-40 is authorized in its plan and contract to include such provisions as are necessary for the development of a suitable plan, which provisions sh…
O.C.G.A. § 47-5-43 Provisions for early and normal retirement ages
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Each member employer may provide in its plan for early and normal retirement ages. A member employer may defer the retirement of an employee who has reached normal retirement age. (Code 1981, § 47-5-43, enacted by Ga. L. 1984, p. 1041, § 11.) 47-5-44. Credit for prior service.
O.C.G.A. § 47-5-44 Credit for prior service
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Each member employer that has adopted a plan providing retirement benefits under Code Section 47-5-40 is authorized in its plan and contract to determine what credit, if any, shall be allowed for prior service. The financial liability incurred by the member employer for any such …
O.C.G.A. § 47-5-46 Transfer of credits
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Member employers which provide retirement benefits under a local or special Act may contract with the board of trustees for transfer of credits to this retirement system and continuation of accrued benefits to their employees under terms which may be provided by amendment to such…
O.C.G.A. § 47-5-47 Return of contributions to employee or employee’s estate
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Plans providing for retirement benefits established under this chapter shall provide that mandatory contributions made by a participating employee shall be returned to such employee or his estate in the event of death before retirement. If the employee is separated from employmen…
O.C.G.A. § 47-5-70 Creation of debts of the state under this chapter
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Nothing in this chapter shall create a debt of the State of Georgia. (Ga. L. 1965, p. 421, § 25; Ga. L. 1988, p. 387, § 1.) 47-5-71. Exemption from levy, attachment, or other process of funds held by the board of trustees or for its account; assignment of benefits or contracts es…
O.C.G.A. § 47-5-72 Exemption of chapter from regulation under Title 33
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Except as otherwise specified in this chapter, the provision of retirement benefits and employee benefits pursuant to this chapter shall not be subject to regulation under Title 33. (Code 1981, § 47-5-72, enacted by Ga. L. 1984, p. 1041, § 12; Ga. L. 2000, p. 131, § 1.) 396 T.47,…
O.C.G.A. § 47-6-1 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 or paid by the member to establish or reestablish credit for service, which amounts are credited to his or her individual account in the sy…
O.C.G.A. § 47-6-21 Creation of the office of executive secretary
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There is created an office to be known as the ‘‘executive secretary of the Georgia Legislative Retirement System.’’ The director of the Employees’ Retirement System of Georgia shall serve as executive secretary of this system. (Ga. L. 1967, p. 259, § 14.)
O.C.G.A. § 47-6-22 Powers and duties of the board of trustees
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(a) The general administration and responsibility for the proper operation of the system and for putting this chapter into effect are vested in the board. 400 47-6-22 (b) The board shall engage such actuarial and other services as shall be required to transact the business of the…
O.C.G.A. § 47-6-25 Plan year designated
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For purposes of complying with federal Internal Revenue Service rules and regulations, the plan year for this retirement system shall be the 12 month period beginning on July 1 of each year. (Code 1981, § 47-6-25, enacted by Ga. L. 2009, p. 947, § 25/HB 202.) Effective date. — Th…
O.C.G.A. § 47-6-42 State contributions
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After April 13, 1979, the contributions of the state under this Code section to this system shall be determined by the board each year on the basis of the most recent actuarial valuation. The board shall certify to the legislative fiscal officer the amount of the state’s contribu…
O.C.G.A. § 47-6-70 Creditable service
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47-6-70.1. Prior service credit for military service. 47-6-70.2. Reestablishment of creditable service by current members who ceased being members of General Assembly and who withdrew retirement contributions. Article 6 Retirement, Retirement Allowances, and Death Benefits 47-6-8…
O.C.G.A. § 47-6-70.1 Prior service credit for military service
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Any member who served on active duty in the armed forces of the United States during any period when a military draft was in effect and who was honorably discharged from military service may receive prior service credit under this chapter for such active duty military service sub…
O.C.G.A. § 47-6-81 Optional retirement allowances
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(a) Until the first payment on account of the retirement allowance becomes normally due, any beneficiary may elect, by filing written application with the board, to convert the retirement allowance otherwise payable on his account after retirement into a retirement allowance of e…
O.C.G.A. § 47-6-85 Refund of accumulated contributions upon termination of membership
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Except as otherwise provided in Article 2 of Chapter 1 of this title, a member’s accumulated contributions shall be 100 percent vested and nonforfeitable at all times. Upon the request of a member who ceases to be a member of the system for reasons other than retirement or death,…
O.C.G.A. § 47-7-1 Definitions
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As used in this chapter, the term: (1) ‘‘Board’’ means the Board of Trustees of the Georgia Firefighters’ Pension Fund. (2) ‘‘Fire department’’ means a full-time fire department or volunteer fire department or a combination full-time and volunteer fire department which satisfies …
O.C.G.A. § 47-7-105 Refund of contributions upon withdrawal from the fund
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Upon proper application and approval of the board, any member who withdraws from the fund shall be paid all the moneys such individual contributed to the fund, less 5 percent. Any refunds granted under this Code section or any other provision of this chapter shall be without inte…
O.C.G.A. § 47-7-121 Vesting of rights to benefits
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Benefits under this chapter shall be subject to future legislative change and revision and no member of this fund or any other persons shall be deemed to have any vested right to any benefits, except as may be provided in Code Section 47-7-100. (Ga. L. 1955, p. 339, § 10; Ga. L. …
O.C.G.A. § 47-7-123 Exemption of assets of the board from taxation
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The assets of the board, whether in the form of cash, securities, or real property, shall be deemed to be public property and exempt from any and all taxation, whether imposed by the state, or by any county, municipality, or political subdivision of this state. (Ga. L. 1955, p. 3…
O.C.G.A. § 47-7-125 Availability of records of local departments to board; confidentiality
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Upon request, an authorized representative of the board shall have the power to inspect and copy or make extracts from the records of any fire department or volunteer fire department concerning any member of the fund or applicant for membership. It shall be the duty of the custod…
O.C.G.A. § 47-7-2 Purpose of fund; legislative intent
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The fund is established as a voluntary pension system which provides benefits intended to supplement primary pension benefits provided by fire departments or the governmental units or volunteer districts establishing fire departments. It is the intent of the General Assembly in a…
O.C.G.A. § 47-7-22 Legal adviser to the board
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The Attorney General shall act as legal adviser to the board. (Ga. L. 1955, p. 339, § 9; Ga. L. 2010, p. 1207, § 65/SB 436.) The 2010 amendment, effective July 1, 2010, substituted ‘‘adviser’’ for ‘‘advisor’’ near the end. Editor’s notes. — Ga. L. 2010, p. 1207, § 1, not codified…
O.C.G.A. § 47-7-23 Powers and duties of the board generally
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(a) The board shall have the following powers and duties: (1) To provide for the payment of administrative expenses; (2) To rule upon all applications for pensions; (3) To provide for the payment of pensions; (4) To provide for the collection of all revenue under this chapter; (5…
O.C.G.A. § 47-7-24 Power of the board to accept and use any gift, grant, or bequest
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The board may take or receive any gift, grant, or bequest of money, real or personal property, or anything of value and use the same for the purposes set forth in this chapter. (Ga. L. 1955, p. 339, § 13.) 47-7-25. Annual audit of the fund.
O.C.G.A. § 47-7-25 Annual audit of the fund
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The state auditor is directed to make an annual audit of the fund. (Ga. L. 1955, p. 339, § 9.) 47-7-26. Power of board to determine eligibility for membership or retirement of any volunteer firefighter unable to attend the prescribed number of drills, meetings, and fires. Notwith…
O.C.G.A. § 47-7-27 Power of board to grant retirement benefit increases
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(a) Subject to the terms and limitations of this Code section, the board of trustees is authorized to adopt from time to time a method or methods of providing for increases in the maximum monthly retirement benefit payable under Code Section 47-7-100 or 47-7-102, or both, for per…
O.C.G.A. § 47-7-43 Definitions
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Purpose of fund; legislative intent. Article 4 Financing the Fund Article 2 47-7-60. Administration and Management of the Assets of the Fund 47-7-61. 47-7-20. 47-7-21. 47-7-22. 47-7-23. 47-7-24. 47-7-25. 47-7-26. 47-7-27. Membership of the board; manner of election; compensation …
O.C.G.A. § 47-7-80 Transfer of service credits from one fire department to another
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A firefighter’s or volunteer firefighter’s length of service may be transferable from one fire department to another by furnishing the board with a proper certificate. (Ga. L. 1955, p. 339, § 11; Ga. L. 1997, p. 1376, § 1; Ga. L. 2000, p. 131, § 1.)
O.C.G.A. § 47-7-89 Calculating creditable service time
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The board is authorized to calculate creditable service on a monthly basis, expressed as a fraction of a year, for periods of time less than a year. (Code 1981, § 47-7-89, enacted by Ga. L. 2006, p. 426, § 1/HB 660.) ARTICLE 6 RETIREMENT, RETIREMENT ALLOWANCES, DISABILITY BENEFIT…
O.C.G.A. § 47-8-1 Creation of the office of senior judge of the superior courts
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There is created the office of senior judge of the superior courts. Any judge of the superior court who was appointed judge of the superior courts, emeritus prior to December 31, 1976, is redesignated as senior judge of the superior courts effective December 31, 1976. Any judge o…
O.C.G.A. § 47-8-21 When payments shall be made to the fund
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Judges making payments to the fund shall make their payments at such time and at such regular intervals, at least every six months, as may be fixed by the trustees of the fund. (Ga. L. 1945, p. 362, § 13.)
O.C.G.A. § 47-8-4 Power of trustees to invest moneys of the fund
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The trustees of this fund shall have authority to invest any of the moneys received under this chapter in such manner as funds of the Employees’ Retirement System of Georgia are invested and reinvested. (Ga. L. 1945, p. 362, § 18; Ga. L. 1995, p. 651, § 4.) 469 47-8-20
O.C.G.A. § 47-8-42 Eligibility for retirement; benefits
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No judge shall be eligible for benefits under this chapter unless he has qualified under one of the following provisions: (1) Retirement at two-thirds’ the salary paid to superior court judges: 475 47-8-43 (A) Any judge of a superior court of this state who is in at least his nin…
O.C.G.A. § 47-8-43 Payments by superior court judges to the fund
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(a) Any judge of a superior court shall be permitted to pay into the fund the amount of 5 percent of the salary paid to such judge by the state and any such judge who makes payment into this fund shall be eligible to retire from office as a senior judge at a salary of two-thirds …
O.C.G.A. § 47-8-44 Payment of contributions on behalf of superior court judges
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(a) On and after July 1, 1980, the employer shall pay to the fund on each and every payroll period employee contributions on behalf and to the 478 47-8-45 credit of such judges of the superior court in an amount equal to the amount which would be paid to the annuity savings fund …
O.C.G.A. § 47-8-5 Annual audit of the fund
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The state auditor is authorized to make an annual audit of the fund. (Ga. L. 1945, p. 362, § 19.)
O.C.G.A. § 47-8-6 Administration of the fund
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The trustees shall contract with the Employees’ Retirement System of Georgia for the administration of the fund. (Code 1981, § 47-8-6, enacted by Ga. L. 1995, p. 787, § 1.) ARTICLE 2 MEMBERSHIP IN AND CONTRIBUTIONS TO THE FUND 47-8-20. Membership in the fund; effect of contributi…
O.C.G.A. § 47-8-62 Salaries paid to senior judges
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Except as otherwise provided, a senior judge shall receive from the state an annual salary equal to two-thirds of the salary provided by law to be paid by the state to a judge of the superior court at the time of his appointment to the position of senior judge under this chapter.…
O.C.G.A. § 47-8-63 Duties of senior judges generally
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It shall be the duty of the senior judges to consult with the Justices of the Supreme Court and the Judges of the Court of Appeals and to advise and assist each of such courts in the revision of the rules of practice of such courts and in handling the administrative duties now or…
O.C.G.A. § 47-8-64 Service as superior court judge; compensation
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Senior judges may serve as judges of the superior courts as provided for in Chapter 1 of Title 15 or as otherwise provided by law. A senior judge serving as judge of the superior court shall be compensated as provided for in Code Section 15-1-9.2 or as otherwise provided by laws …
O.C.G.A. § 47-11-1 Definitions
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As used in this chapter, the term: (1) ‘‘Board’’ means the Board of Commissioners of the Judges of the Probate Courts Retirement Fund of Georgia. (2) ‘‘Fund’’ means the Judges of the Probate Courts Retirement Fund of Georgia. (3) ‘‘Member’’ means a member of the Judges of the Pro…
O.C.G.A. § 47-11-22 Powers and duties of the board
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(a) The board is granted the following powers and duties: (1) To provide for the collection of all moneys provided in this chapter; (2) To pay the administrative expenses of the board; (3) To hear and decide all applications for retirement benefits under this chapter; (4) To make…
O.C.G.A. § 47-11-25 Duty of board to keep records
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The board shall keep permanent records of all persons who qualify to participate in the benefits of this chapter, an accurate record of all payments 498 47-11-40 and disbursements, and a detailed record of all the acts and doings of the board. (Ga. L. 1958, p. 185, § 5.)
O.C.G.A. § 47-11-42 Suspension of membership
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Any member who has been in arrears in the payment of dues required by Code Section 47-11-40 or the portion of the collected revenues required to be paid to the fund by Article 4 of this chapter for a period of 90 days shall be suspended from membership effective on the ninetieth …
O.C.G.A. § 47-11-70 Eligibility and application for retirement benefits; early retirement
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(a) In order for a judge of a probate court or an employee of the board to be eligible to receive retirement benefits under this chapter, such judge must have: (1) Served as a regularly qualified and commissioned judge of a probate court or as an employee of the board for at leas…