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2018 Georgia Code 45-18-34 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)

O.C.G.A. 45-18-34 Case Law from Google Scholar Amendments to OCGA 45-18-34

TITLE 45 PUBLIC OFFICERS AND EMPLOYEES

Section 18. Employees' Insurance and Benefits Plans, 45-18-1 through 45-18-105.

ARTICLE 2 DEFERRED COMPENSATION PLANS

45-18-34. Plans not to reduce pensions or other benefits.

The deferred compensation programs authorized by this article shall exist and serve in addition to retirement, pension, or benefit systems established by the state, county, municipality, or other political subdivision; and no deferral of income under the deferred compensation program shall effect a reduction of any retirement, pension, or other benefit provided by law.

(Ga. L. 1974, p. 198, § 6; Ga. L. 2005, p. 134, § 1/HB 275.)

OPINIONS OF THE ATTORNEY GENERAL

State deferred compensation plan is in addition to any other retirement, pension, or other benefit provided by law. Accordingly, if there is authority for any other tax sheltered annuity plan or other benefits by law, it would not conflict with these statutory provisions and both plans could continue. 1980 Op. Att'y Gen. No. 80-6.

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