---
title: O.C.G.A. § 47-24-24. Accumulation account.
collection: code
id: 47-24-24
cite_as: O.C.G.A. § 47-24-24 (2025)
canonical_url: https://georgiacommons.org/code/47-24-24
md_url: https://georgiacommons.org/code/47-24-24.md
text_url: https://georgiacommons.org/code/47-24-24/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=734
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/47-24.md
previous: https://georgiacommons.org/code/47-24-23.md
next: https://georgiacommons.org/code/47-24-40.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 / GEORGIA MILITARY PENSION FUND / ADMINISTRATION AND MANAGEMENT
---

# O.C.G.A. § 47-24-24. Accumulation account.

The accumulation account shall be the account in which all reserves for the payment of the part of all retirement allowances and other benefits payable from contributions made by the employer shall be held and from which all retirement allowances payable under the fund and the administrative expenses shall be paid. All interest and dividends earned on the funds of the fund shall be credited to the accumulation account.

## History

Code 1981, § 47-24-24, enacted by Ga. L. 2002, p. 1153, § 1.