Official Code of Georgia Annotated

Title 47. RETIREMENT AND PENSIONS · Chapter 24. GEORGIA MILITARY PENSION FUND · Article 2. ADMINISTRATION AND MANAGEMENT

47-24-20. Creation; administration; power and privileges.

Active

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

(a)
A pension fund is created and placed under the administration of the Board of Trustees of the Employees’ Retirement System of Georgia to provide retirement allowances and other benefits for members of the Georgia National Guard. The pension fund shall begin operation as of July 1, 2002.#
(b)
The fund shall have the power and privileges of a corporation and shall be known as the Georgia Military Pension Fund. By such name all of its business shall be transacted, all of its funds shall be invested, and all of its cash, securities, and other property shall be held.#

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

Code 1981, § 47-24-20, enacted by Ga. L. 2002, p. 1153, § 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 732; merge action: carried; file SHA-256 670b44b1738a.

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