O.C.G.A.

O.C.G.A. § 47-2-20 (2019)

Creation of retirement system; purpose, management, corporate powers and privileges, and certain rights in actions at law of retirement system; name under which retirement system to transact business

✓ 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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A retirement system is established and placed under the management of the board of trustees for the purpose of providing retirement allowances and other benefits under this chapter for employees of the state and political subdivisions thereof. It shall have the powers and privileges of a corporation and the right to bring and defend actions and to implead and be impleaded. It shall be known as the ‘‘Employees’ Retirement System of Georgia,’’ and by such name all of its business shall be transacted, all of its funds invested, and all of its cash and securities and other property held.

History

(Ga. L. 1949, p. 138, § 2.)

Annotations

JUDICIAL DECISIONS Cited in Bryant v. Employees Retirement Sys., 216 Ga. App. 737, 455 S.E.2d 839 (1995). RESEARCH REFERENCES ALR. - Constitutionality, construction, and application of statute or ordinance providing for reduction of pension or retirement benefit of public officer or employee because of independent income, 7 ALR2d 692.

Am. Jur. 2d. - 60A Am. Jur. 2d, Pensions and Retirement Funds, §§ 1166 et seq., 1182. C.J.S. - 67 C.J.S., Officers and Public Employees, § 311 et seq. 81A C.J.S., States, § 211 et seq.

Notes of Decisions

Cited in 3 cases, 1993–2005 · leading case: Alverson v. Employees' Ret. Sys., 613 S.E.2d 119 (Ga. Ct. App. 2005).

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Alverson v. Employees' Ret. Sys., 613 S.E.2d 119 (Ga. Ct. App. 2005). · cites it 4× “Various parts of OCGA §§ 47-2-20, 47-2-21, 47-2-26, 47-2-28, 47-2-110, and 47-2-120 are at issue here.”

Bryant v. Employees Ret. Sys. of Georgia, 455 S.E.2d 839 (Ga. Ct. App. 1995). · cites it 2× “” OCGA § 47-2-20. The power to transfer an employee’s benefits to another is neither expressly granted nor necessary to carry out this purpose.”

Employees Ret. Sys. v. Evans, 439 S.E.2d 690 (Ga. Ct. App. 1993). · cites it 2× “OCGA § 47-2-20. The Legislative Retirement System (LRS) was also statutorily created in 1967, to provide similar benefits for members of the General Assembly.”

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.