Official Code of Georgia Annotated

Title 47. RETIREMENT AND PENSIONS · Chapter 22. GEORGIA DEFINED CONTRIBUTION PLAN

47-22-10. Lump sum payment on death of member.

Active

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

Upon the death of any member, a lump sum amount shall be paid to such person as the member has nominated by written designation, filed with the board; otherwise to the member’s estate. Such lump sum amount shall be equal to the total amount credited to the member’s account on the date of the member’s death.

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, § 47-22-10, enacted by Ga. L. 1992, p. 1288, § 1.

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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 690; merge action: carried; file SHA-256 670b44b1738a.