---
title: Title 47, Chapter 5. Georgia Municipal Employees Benefit System
collection: code
id: code:chapter:47-5
canonical_url: https://georgiacommons.org/code/title/47/chapter/5
md_url: https://georgiacommons.org/code/47-5.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/47-4.md
next: https://georgiacommons.org/code/47-6.md
index: https://georgiacommons.org/code/index.md
heading: GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM
title_heading: RETIREMENT AND PENSIONS
section_count: 24
full_url: https://georgiacommons.org/code/47-5.md?full=1
---

# Title 47, Chapter 5. Georgia Municipal Employees Benefit System

Title 47. Retirement and Pensions

24 sections. Each line is `citation, catchline, status, URL`; the text of every section, in order, is at https://georgiacommons.org/code/47-5.md?full=1 (capped, with a pointer to continue).

- 47-5-1, Legislative intent; construction of this chapter, active, https://georgiacommons.org/code/47-5-1.md
- 47-5-2, Definitions, active, https://georgiacommons.org/code/47-5-2.md
- 47-5-20, Creation of board of trustees, active, https://georgiacommons.org/code/47-5-20.md
- 47-5-21, Membership of board, active, https://georgiacommons.org/code/47-5-21.md
- 47-5-22, Officers of the board of trustees; election; merger of offices of secretary and treasurer; compensation of the secretary and treasurer; treasurer’s performance bond, active, https://georgiacommons.org/code/47-5-22.md
- 47-5-23, Powers of the board of trustees generally, active, https://georgiacommons.org/code/47-5-23.md
- 47-5-24, Powers of board with regard to funds held by it, active, https://georgiacommons.org/code/47-5-24.md
- 47-5-25, Valuation of assets of the retirement system, active, https://georgiacommons.org/code/47-5-25.md
- 47-5-26, Duty of board of trustees to file an annual financial report with each member employer; filing of objections to transactions shown in such report, active, https://georgiacommons.org/code/47-5-26.md
- 47-5-27, Payment of administrative expenses of the board of trustees; allocation of expenses among member municipalities, active, https://georgiacommons.org/code/47-5-27.md
- 47-5-28, Accounts for participating employees, member employers, and as otherwise required; authorization of funds; commingling restriction, active, https://georgiacommons.org/code/47-5-28.md
- 47-5-29, Periodic determination of principal and income of the funds; periodic merger of principal and income; method for determination of principal value of each unit of funds, active, https://georgiacommons.org/code/47-5-29.md
- 47-5-30, Periodic audit of the accounts of the board of trustees; contents and availability of report of such audit; standard of care in conduct of the audit and liability of auditors, active, https://georgiacommons.org/code/47-5-30.md
- 47-5-40, Power of employers to establish retirement plans; benefits under such plans; power to implement such plans by contract; financing of such plans, active, https://georgiacommons.org/code/47-5-40.md
- 47-5-41, Establishment and use of master plans, active, https://georgiacommons.org/code/47-5-41.md
- 47-5-42, Provisions of contracts and plans, active, https://georgiacommons.org/code/47-5-42.md
- 47-5-43, Provisions for early and normal retirement ages, active, https://georgiacommons.org/code/47-5-43.md
- 47-5-44, Credit for prior service, active, https://georgiacommons.org/code/47-5-44.md
- 47-5-45, Uninterrupted participation during transfer from one member municipality to another, active, https://georgiacommons.org/code/47-5-45.md
- 47-5-46, Transfer of credits, active, https://georgiacommons.org/code/47-5-46.md
- 47-5-47, Return of contributions to employee or employee’s estate, active, https://georgiacommons.org/code/47-5-47.md
- 47-5-70, Creation of debts of the state under this chapter, active, https://georgiacommons.org/code/47-5-70.md
- 47-5-71, Exemption from levy, attachment, or other process of funds held by the board of trustees or for its account; assignment of benefits or contracts established under this chapter, active, https://georgiacommons.org/code/47-5-71.md
- 47-5-72, Exemption of chapter from regulation under Title 33, active, https://georgiacommons.org/code/47-5-72.md