Official Code of Georgia Annotated

Title 45. PUBLIC OFFICERS AND EMPLOYEES · Chapter 18. EMPLOYEES’ INSURANCE AND BENEFITS PLANS · Article 2. DEFERRED COMPENSATION PLANS

45-18-31. Deferred compensation plans authorized for state, municipalities, counties, or other political subdivisions.

Active

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

The state or any county, municipality, or other political subdivision may contract with any employee to defer, in whole or in part, any portion of such employee’s compensation under a deferred compensation plan; and the state, county, municipality, or other political subdivision may provide the deferred compensation plan itself or it may contract with any company qualified to do business in this state to provide such benefits.

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.

Ga. L. 1974, p. 198, § 2; Ga. L. 2005, p. 134, § 1/HB 275.

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 t45-(v33)-2016-pdf.pdf, Volume V33, 2016 edition, page 535; merge action: carried; file SHA-256 7dfce9a0fd88.