Official Code of Georgia Annotated
Title 47. RETIREMENT AND PENSIONS · Chapter 5. GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM · Article 3. RETIREMENT PLANS
47-5-46. Transfer of credits.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Member employers which provide retirement benefits under a local or special Act may contract with the board of trustees for transfer of credits to this retirement system and continuation of accrued benefits to their employees under terms which may be provided by amendment to such local or special Act and which are not inconsistent with this chapter or rules or regulations adopted pursuant to this chapter. Otherwise, this chapter is not intended to affect existing retirement or pension systems established by local or special Act or to preclude the establishment of individual employer retirement systems by future local or special Acts.
History
Code 1981, § 47-5-46, enacted by Ga. L. 1984, p. 1041, § 11.
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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 395; merge action: carried; file SHA-256 670b44b1738a.