---
title: O.C.G.A. § 47-3-44. Crediting to pension accumulation fund; annual transfer from pension accumulation fund to provide regular interest.
collection: code
id: 47-3-44
cite_as: O.C.G.A. § 47-3-44 (2025)
canonical_url: https://georgiacommons.org/code/47-3-44
md_url: https://georgiacommons.org/code/47-3-44.md
text_url: https://georgiacommons.org/code/47-3-44/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=275
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/47-3.md
previous: https://georgiacommons.org/code/47-3-43.md
next: https://georgiacommons.org/code/47-3-45.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 / TEACHERS RETIREMENT SYSTEM OF GEORGIA / EMPLOYEE AND EMPLOYER CONTRIBUTIONS; CREATION OF FUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES
---

# O.C.G.A. § 47-3-44. Crediting to pension accumulation fund; annual transfer from pension accumulation fund to provide regular interest.

All interest and dividends earned on the funds of the retirement system shall be credited to the pension accumulation fund. Once each year the board of trustees shall transfer from the pension accumulation fund to the annuity savings fund such amounts as are sufficient to allow regular interest on the balances of the individual accounts of members in the annuity savings fund.

## History

Ga. L. 1943, p. 640, § 8; Ga. L. 1962, p. 723, §§ 5, 8.