---
title: O.C.G.A. § 47-3-126.2. Postretirement benefit adjustments effective July 1, 1986.
collection: code
id: 47-3-126.2
cite_as: O.C.G.A. § 47-3-126.2 (2025)
canonical_url: https://georgiacommons.org/code/47-3-126.2
md_url: https://georgiacommons.org/code/47-3-126.2.md
text_url: https://georgiacommons.org/code/47-3-126.2/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=339
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.
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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 / TEACHERS RETIREMENT SYSTEM OF GEORGIA / RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES’ BENEFITS
---

# O.C.G.A. § 47-3-126.2. Postretirement benefit adjustments effective July 1, 1986.

(a) As used in this Code section, the term ‘‘beneficiary’’ shall have the meaning specified in paragraph (7) of Code Section 47-3-1 and shall also mean:

(1) Any retired teacher who retired pursuant to any county, municipal, or local board of education retirement or pension system;

(2) The surviving spouse of any retired teacher who retired pursuant to a county, municipal, or local board of education retirement or pension system if such surviving spouse is eligible to receive and is receiving a monthly benefit pursuant to the local retirement or pension system; and

(3) The surviving spouse of a teacher who was a member of a county, municipal, or local board of education retirement or pension system and who died prior to retirement if such surviving spouse is eligible to receive and is receiving a monthly benefit pursuant to the local retirement or pension system.

(b) Effective July 1, 1986, the monthly retirement benefit of each beneficiary who was receiving a benefit on July 1, 1981, shall be increased by:

(1) One dollar for each full year of creditable service which the beneficiary had at the time of retirement; plus

(2) One dollar for each full year which has elapsed from the date of retirement until July 1, 1981.

(c) When the postretirement benefit adjustment provided by this Code section has been granted, there shall be no further postretirement benefit adjustments pursuant to the authority of this Code section.

## History

Code 1981, § 47-3-126.2, enacted by Ga. L. 1986, p. 620, § 3; Ga. L. 2000, p. 131, § 1.