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Official Code of Georgia Annotated

Title 47. RETIREMENT AND PENSIONS · Chapter 4. PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM · Article 2. CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM

47-4-25. Powers and duties of the board.

Active

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

  1. (a)

    The board is given the following powers and duties:#

    1. (1)

      To provide for the collection of all money provided for in this chapter;#

    2. (2)

      To provide for the payment of all administrative expenses;#

    3. (3)

      To hear and decide all applications for retirement benefits under this chapter;#

    4. (4)

      To provide for the payment of all retirement benefits that may be determined to be due under the rules and regulations adopted by the board;#

    5. (5)

      To make and promulgate all necessary rules and regulations not inconsistent with the laws of this state in order to carry out this chapter;#

    6. (6)

      To determine eligibility of persons to receive retirement benefits under this chapter;#

    7. (7)

      To make provisions for refunds or repayments to persons who may be entitled to receive them; and#

    8. (8)

      To keep records of all its meetings.#

  2. (b)

    The board shall also have all other powers necessary for the proper administration of this chapter.#

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

Ga. L. 1969, p. 998, § 13.

Read the official page (the state's PDF, opened at the page this text was read from).

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, pages 358 to 359; merge action: carried; file SHA-256 670b44b1738a.