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O.C.G.A. § 47-22-8 — Member contributions; earnings | Georgia Code

O.C.G.A. § 47-22-8 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 47 RETIREMENT AND PENSIONS

Section 22. Georgia Defined Contribution Plan, 47-22-1 through 47-22-11.

ARTICLE 2 REGENTS RETIREMENT HEALTH BENEFIT FUND

47-22-8. Member contributions; earnings.

Each member shall contribute 7 1/2 percent of such member's gross salary. Such contributions shall be made through payroll deductions. Such amount so deducted shall be credited to the individual account of the member.Earnings shall be credited to each member's account pursuant to rules and regulations adopted by the board as prescribed by the plan document.

(Code 1981, §47-22-8, enacted by Ga. L. 1992, p. 1288, § 1.)

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This Georgia Code resource is curated by this site's author, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.