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Official Code of Georgia Annotated

Title 47. RETIREMENT AND PENSIONS · Chapter 6. GEORGIA LEGISLATIVE RETIREMENT SYSTEM · Article 6. RETIREMENT, RETIREMENT ALLOWANCES, AND DEATH BENEFITS

47-6-85. Refund of accumulated contributions upon termination of membership.

Active

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

  1. Except as otherwise provided in Article 2 of Chapter 1 of this title, a member’s accumulated contributions shall be 100 percent vested and nonforfeitable at all times. Upon the request of a member who ceases to be a member of the system for reasons other than retirement or death, the member shall be paid the member’s accumulated contributions as soon as feasible after such request. If the member dies before payment has been made, the amount of the member’s accumulated contributions shall be paid to such person as the member has nominated by written designation filed with the board, otherwise to the member’s estate.

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. 1967, p. 259, § 9; Ga. L. 1980, p. 611, § 4; Ga. L. 1980, p. 925, § 7; Ga. L. 2009, p. 947, § 28/HB 202.

Other notes

The 2009 amendment, effective May 11, 2009, added the first sentence; and, throughout this Code section, substituted ‘‘the member’’ for ‘‘he’’ and substituted ‘‘the member’s’’ for ‘‘his’’.

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 414 to 415; merge action: carried; file SHA-256 670b44b1738a.