O.C.G.A.

O.C.G.A. § 47-1-31 (2019)

Discretionary postretirement benefit increases subject to reduction by subsequent legislation

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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Any other provision of this title to the contrary notwithstanding, any discretionary postretirement benefit increase granted on or after July 1, 1993, by the board of trustees of any public retirement system pursuant to the authority to grant such increases within the limits of actuarial soundness granted by general law shall be subject to reduction by subsequent legislation and shall not be considered an element of any contract of employment.

History

(Code 1981, § 47-1-31, enacted by Ga. L. 1993, p. 1690, § 1.)

Annotations

ARTICLE 4 CREDITABLE SERVICE DURING TEMPORARY DISABILITY