Georgia Commons

Title 47. RETIREMENT AND PENSIONS

Chapter 6. GEORGIA LEGISLATIVE RETIREMENT SYSTEM

22 sections · 47-6-1 to 47-6-101

Article 1. GENERAL PROVISIONS

  1. 47-6-1Definitions.

Article 2. CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM

  1. 47-6-20Creation and administration of the retirement system; commencement of operations; corporate powers and privileges; name in which retirement system to transact business.
  2. 47-6-21Creation of the office of executive secretary.
  3. 47-6-22Powers and duties of the board of trustees.
  4. 47-6-23Investment powers of board; members’ and employees’ dealings with funds; vouchers for payments.
  5. 47-6-24Members’ account; accumulation account; crediting of interest and dividends.
  6. 47-6-25Plan year designated.

Article 3. MEMBERSHIP IN THE RETIREMENT SYSTEM

  1. 47-6-40Qualifications for membership; irrevocable election for certain members of General Assembly; membership of persons who cease to become members before age 60; termination of membership; application for additional creditable service.
  2. 47-6-41Transition of membership from Georgia Legislative Retirement System to Employees’ Retirement System of Georgia; current beneficiaries; state contributions; rules and regulations.Repealed
  3. 47-6-42State contributions.

Article 4. EMPLOYEE AND EMPLOYER CONTRIBUTIONS TO THE RETIREMENT SYSTEM

  1. 47-6-60Employee contributions to the retirement system; payment of employee contributions on behalf of the member; additional contributions.

Article 5. SERVICE CREDITABLE TOWARD RETIREMENT

  1. 47-6-70Creditable service.
  2. 47-6-70.1Prior service credit for military service.
  3. 47-6-70.2Reestablishment of creditable service by current members who ceased being members of General Assembly and who withdrew retirement contributions.

Article 6. RETIREMENT, RETIREMENT ALLOWANCES, AND DEATH BENEFITS

  1. 47-6-80Eligibility and application for a retirement allowance; early retirement; monthly retirement allowance; amount of retirement allowance; compliance with federal tax laws; increases in retirement allowance.
  2. 47-6-81Optional retirement allowances.
  3. 47-6-82Manner in which retirement allowances to be paid; termination of payments upon death.
  4. 47-6-83Payments made upon the death of a member, upon death of a beneficiary who has not elected an optional retirement allowance, or upon death of a member before retirement.
  5. 47-6-84Termination of retirement allowance upon return to service; retirement benefits for retired members returning to service in the General Assembly; board of trustees to be notified within 30 days if public employer employs retired plan member.
  6. 47-6-85Refund of accumulated contributions upon termination of membership.

Article 7. MISCELLANEOUS PROVISIONS

  1. 47-6-100Exemption of rights and benefits from taxation; exemption from legal process; assignability.
  2. 47-6-101Attempts to defraud the retirement system by means of false statements or falsified records; adjustment of erroneous payments.