Official Code of Georgia Annotated

Title 47. RETIREMENT AND PENSIONS · Chapter 21. REGENTS RETIREMENT PLAN · Article 2. REGENTS RETIREMENT HEALTH BENEFIT FUND

47-21-25. Annual duties.

Active

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

(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.#
(b)
The board may annually establish employer contribution rates for the purpose of establishing the health plan from fiscal year to fiscal year and additional employer contribution rates in accordance with the health plan for other post-employments benefits.#
(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.

Code 1981, § 47-21-25, enacted by Ga. L. 2007, p. 68, § 3/SB 156.

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 t47-(v35)-2010-pdf.pdf, Volume V35, 2010 edition, page 685; merge action: carried; file SHA-256 670b44b1738a.