O.C.G.A.
O.C.G.A.

O.C.G.A. § 47-16-120 (2019)

Vesting of rights to benefits under this chapter

✓ 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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All rights and benefits under this chapter shall be subject to future legislative change or revision, and no beneficiary shall be deemed to have any vested right to any benefits under this chapter, except for the right of withdrawal and payment to the surviving spouse or the member’s estate of the difference between amounts paid and benefits received as set forth in Code Sections 47-16-102 and 47-16-103 and except for retirement benefits under Code Section 47-16-101, after approval of such benefits under Code Section 47-16-100, provided that benefits deemed vested under this Code section shall be subject to reduction under Code Section 47-16-121.

History

(Ga. L. 1963, p. 630, § 21; Ga. L. 1981, p. 694, § 2.)

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1174 et seq.

C.J.S. - 70 C.J.S., Pensions, § 8.

Notes of Decisions
Cited in 1 case, 1992–1992 · leading case: Pulliam v. Georgia Firemen's Pension Fund, 419 S.E.2d 918 (Ga. 1992).
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Pulliam v. Georgia Firemen's Pension Fund, 419 S.E.2d 918 (Ga. 1992). · cites it 2× “1 Similar provisions appear in OCGA § 47-16-120, pertaining to the Sheriffs’ Retirement *412 Fund of Georgia, and § 47-17-101, pertaining to the Peace Officers’ Annuity & Benefit Fund.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.