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

O.C.G.A. § 47-20-4 (2019)

Publicly funded retirement system subject to chapter; not applicable to defined contribution retirement system

✓ 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 law to the contrary notwithstanding, any public retirement system or pension fund supported wholly or partially by public funds shall be subject to the provisions of this chapter. This Code section applies, without limitation, to the Georgia Municipal Employees Benefit System created by Chapter 5 of this title and to any association of like political subdivisions which contracts with its members for the pooling of assets. This Code section shall not apply to any defined contribution retirement system.

History

(Code 1981, § 47-20-4, enacted by Ga. L. 2000, p. 2, § 1.)

Annotations

Cross references. - Public Retirement Systems Investment Authority Law, Art. 7, Ch. 20, T. 20.

ARTICLE 2 MINIMUM FUNDING STANDARDS