---
title: Title 47, Chapter 20. Public Retirement Systems Standards
collection: code
id: code:chapter:47-20
canonical_url: https://georgiacommons.org/code/title/47/chapter/20
md_url: https://georgiacommons.org/code/47-20.md
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.md
previous: https://georgiacommons.org/code/47-19.md
next: https://georgiacommons.org/code/47-21.md
index: https://georgiacommons.org/code/index.md
heading: PUBLIC RETIREMENT SYSTEMS STANDARDS
title_heading: RETIREMENT AND PENSIONS
section_count: 38
full_url: https://georgiacommons.org/code/47-20.md?full=1
---

# Title 47, Chapter 20. Public Retirement Systems Standards

Title 47. Retirement and Pensions

38 sections. Each line is `citation, catchline, status, URL`; the text of every section, in order, is at https://georgiacommons.org/code/47-20.md?full=1 (capped, with a pointer to continue).

- 47-20-1, Short title, active, https://georgiacommons.org/code/47-20-1.md
- 47-20-2, Legislative purpose, active, https://georgiacommons.org/code/47-20-2.md
- 47-20-3, Definitions, active, https://georgiacommons.org/code/47-20-3.md
- 47-20-4, Publicly funded retirement system subject to chapter; not applicable to defined contribution retirement system, active, https://georgiacommons.org/code/47-20-4.md
- 47-20-5, Common law duties of trustees applicable, active, https://georgiacommons.org/code/47-20-5.md
- 47-20-10, Minimum annual employer contribution, active, https://georgiacommons.org/code/47-20-10.md
- 47-20-10.1, Other post-employment benefits, active, https://georgiacommons.org/code/47-20-10.1.md
- 47-20-11, Minimum funding causing financial hardship in local retirement system, repealed (no version in force today), https://georgiacommons.org/code/47-20-11.md
- 47-20-12, State controlled systems; certification of conformance to standards; freezing of benefits and other provisions when not in conformance, repealed (no version in force today), https://georgiacommons.org/code/47-20-12.md
- 47-20-13, Financially sound systems exempt from minimum funding standards, active, https://georgiacommons.org/code/47-20-13.md
- 47-20-20, Freezing of benefits and other provisions; amount of annual employer contribution, active, https://georgiacommons.org/code/47-20-20.md
- 47-20-21, Triennial actuarial investigations; penalties for violations shown; list of local systems not in conformance reported triennially, active, https://georgiacommons.org/code/47-20-21.md
- 47-20-30, Definitions, active, https://georgiacommons.org/code/47-20-30.md
- 47-20-31, Retirement bills must carry legislative counsel number when introduced; changes in bills prior to introduction, active, https://georgiacommons.org/code/47-20-31.md
- 47-20-32, Prerequisites to introduction of nonfiscal retirement bill, active, https://georgiacommons.org/code/47-20-32.md
- 47-20-33, Amendment of a nonfiscal retirement bill, active, https://georgiacommons.org/code/47-20-33.md
- 47-20-34, Introduction of bill and preliminary consideration by committee, active, https://georgiacommons.org/code/47-20-34.md
- 47-20-35, Perfection of bill by committee; actuarial investigation, active, https://georgiacommons.org/code/47-20-35.md
- 47-20-36, Scope of actuarial investigation; certificate and summary of investigation attached to bill, active, https://georgiacommons.org/code/47-20-36.md
- 47-20-37, Consideration of bill on the floor; approval of amendments by state auditor; effect of passing bill in violation of this article, active, https://georgiacommons.org/code/47-20-37.md
- 47-20-50, Effective date of enacted retirement bill with fiscal impact; unfunded enacted bills; requirements for retirement bills having fiscal impact, active, https://georgiacommons.org/code/47-20-50.md
- 47-20-50.1, Report of funding of retirement bills having a fiscal impact; publication, active, https://georgiacommons.org/code/47-20-50.1.md
- 47-20-51, Accrued retirement benefits are not created, enhanced, or diminished by this chapter, active, https://georgiacommons.org/code/47-20-51.md
- 47-20-60, State auditor authorized to provide personnel to carry out duties under chapter; funds authorized; cooperation of state officials, agencies, and employees, active, https://georgiacommons.org/code/47-20-60.md
- 47-20-61, Certificates and summaries of actuarial investigations attached to enrolled Act, active, https://georgiacommons.org/code/47-20-61.md
- 47-20-62, Effective date of chapter; consideration of fiscal retirement bills by 1984 regular session, active, https://georgiacommons.org/code/47-20-62.md
- 47-20-63, Requirements for exempting bills regarding Georgia Firemen’s Pension Fund from chapter provisions, repealed (no version in force today), https://georgiacommons.org/code/47-20-63.md
- 47-20-64, Exemption for 1991 bill amending Code Section 47-1-30, repealed (no version in force today), https://georgiacommons.org/code/47-20-64.md
- 47-20-80, Short title, active, https://georgiacommons.org/code/47-20-80.md
- 47-20-81, Fund defined; applicability, active, https://georgiacommons.org/code/47-20-81.md
- 47-20-82, Investing funds; eligibility; investment limitation, active, https://georgiacommons.org/code/47-20-82.md
- 47-20-83, Certificated or uncertificated forms of investment; real estate investments, active, https://georgiacommons.org/code/47-20-83.md
- 47-20-83.1, Definitions; identification of scrutinized companies where public funds held; Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List; reporting, repealed (no version in force today), https://georgiacommons.org/code/47-20-83.1.md
- 47-20-84, Large retirement systems, active, https://georgiacommons.org/code/47-20-84.md
- 47-20-85, Compliance, active, https://georgiacommons.org/code/47-20-85.md
- 47-20-86, Enforcement, active, https://georgiacommons.org/code/47-20-86.md
- 47-20-87, Definitions; eligible large retirement systems authorized to invest in certain alternative investments; applicability, active, https://georgiacommons.org/code/47-20-87.md
- 47-20-88, Role, duties, and responsibilities of a fiduciary, active, https://georgiacommons.org/code/47-20-88.md