---
title: O.C.G.A. § 47-7-120. Reduction of benefits upon determination that available moneys are insufficient; liability of members of the board for such reductions.
collection: code
id: 47-7-120
cite_as: O.C.G.A. § 47-7-120 (2025)
canonical_url: https://georgiacommons.org/code/47-7-120
md_url: https://georgiacommons.org/code/47-7-120.md
text_url: https://georgiacommons.org/code/47-7-120/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=458
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/47-7.md
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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 / GEORGIA FIREFIGHTERS’ PENSION FUND / MISCELLANEOUS PROVISIONS
---

# O.C.G.A. § 47-7-120. Reduction of benefits upon determination that available moneys are insufficient; liability of members of the board for such reductions.

If the moneys provided by this chapter are not sufficient at any time to enable the board to pay each person his benefits in full under this chapter, then those persons entitled to benefits shall be paid an equal amount, which, in the opinion of the board, the fund may provide. In no such event shall the board or any member of the board be liable to any beneficiary for any deficiencies in payments under this chapter.

## History

Ga. L. 1955, p. 339, § 8; Ga. L. 1982, p. 3, § 47.