Official Code of Georgia Annotated

Title 47. RETIREMENT AND PENSIONS · Chapter 2. EMPLOYEES’ RETIREMENT SYSTEM OF GEORGIA · Article 3. EMPLOYEE AND EMPLOYER CONTRIBUTIONS AND CREATION OF FUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES

47-2-50. Funds in which assets of the retirement system to be held.

Active

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

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.’’

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

Ga. L. 1949, p. 138, § 8; Ga. L. 1973, p. 900, § 2.

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

Text read from t47-(v35)-2010-pdf.pdf, Volume V35, 2010 edition, page 82; merge action: carried; file SHA-256 670b44b1738a.