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Official Code of Georgia Annotated

Title 20. EDUCATION · Chapter 2. ELEMENTARY AND SECONDARY EDUCATION · Article 17. TEACHERS AND OTHER SCHOOL PERSONNEL · Part 6. HEALTH INSURANCE PLANS

20-2-879. Minimum annual required contributions; employer obligations.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (a)

    The board shall annually determine the minimum annual required contributions sufficient to maintain the fund in an actuarially sound manner in accordance with Governmental Accounting Standards Board Statement No. 43 or any subsequent Governmental Accounting Standards Board statements that may be applicable to the fund.#

  2. (b)

    The board may annually establish required employer contributions to the fund which are supplemental to required employer contributions to the health plans as set forth in Subparts 2 and 3 of this part.#

  3. (c)

    It shall be the responsibility of employers to make contributions to the fund in accordance with the employer contribution rates established by the board.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 20-2-879, enacted by Ga. L. 2009, p. 49, § 1/SB 122.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t20-ch1-2a-(v17)-2022-pdf.pdf, Volume V17, 2022 edition, page 751; merge action: carried; file SHA-256 8daa8948bdb5.