---
title: O.C.G.A. § 47-20-13. Financially sound systems exempt from minimum funding standards.
collection: code
id: 47-20-13
cite_as: O.C.G.A. § 47-20-13 (2025)
canonical_url: https://georgiacommons.org/code/47-20-13
md_url: https://georgiacommons.org/code/47-20-13.md
text_url: https://georgiacommons.org/code/47-20-13/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t47-(v35)-2010-pdf.pdf?sfvrsn=7d4bbd90_0#page=652
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/47-20.md
previous: https://georgiacommons.org/code/47-20-12.md
next: https://georgiacommons.org/code/47-20-20.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: RETIREMENT AND PENSIONS / PUBLIC RETIREMENT SYSTEMS STANDARDS / MINIMUM FUNDING STANDARDS
---

# O.C.G.A. § 47-20-13. Financially sound systems exempt from minimum funding standards.

The minimum funding standards specified by Code Section 47-20-10 shall not apply to a retirement system which holds actuarial assets in excess of 150 percent of the actuarial present value of the accumulated retirement system benefits.

## History

Code 1981, § 47-20-13, enacted by Ga. L. 1983, p. 1368, § 1.