TITLE 47 RETIREMENT AND PENSIONS

Section 25. Magistrates Retirement Fund, 47-25-1 through 47-25-101.

ARTICLE 2 ADMINISTRATION AND MANAGEMENT

47-25-21. Secretary-treasurer.

1. 1. There is created the office of secretary-treasurer of the board. The secretary-treasurer shall be elected and appointed by the board and shall serve at the pleasure of the board. His or her compensation and duties may be fixed by the board. In addition to such salary, the secretary-treasurer shall receive credit for a sum of $1,250.00 per year as dues in the retirement system.
   2. The board or the secretary-treasurer with the approval of the board may employ additional personnel to assist the board or secretary-treasurer in carrying out duties provided in this chapter. The compensation and duties of any such personnel shall be fixed by the board.
2. The secretary-treasurer shall be paid retirement benefits upon retiring as secretary-treasurer as provided in Article 5 of this chapter for a chief magistrate retiring with the highest benefit allowed by such article and shall be entitled to any retirement option allowed by such article.
3. The board shall have authority to require the secretary-treasurer to give a good and sufficient surety bond in an amount to be determined by the board. The bond shall be payable to the board and shall be conditioned upon the proper and faithful performance of the duties of the secretary-treasurer. The secretary-treasurer shall be required to make quarterly reports to the board, which reports shall show all receipts and disbursements in such form and in such manner as the board may require. He or she shall likewise be required quarterly to make a full account of all moneys or property coming into his or her hands on behalf of the board at any time.

(Code 1981, §47-25-21, enacted by Ga. L. 2006, p. 246, § 1/SB 244; Ga. L. 2014, p. 701, § 1/HB 292; Ga. L. 2014, p. 835, § 3/HB 646.)

The 2014 amendments. The first 2014 amendment, effective July 1, 2014, substituted "The secretary-treasurer shall be paid retirement benefits upon retiring in an amount equal ot the minimum retirement benefit provided under Code Section 47-25-81." for "The secretary-treasurer shall be paid retirement benefits upon retiring as secretary-treasurer as provided in Article 5 of this chapter for a full-time chief magistrate retiring with the highest benefit allowed by such article and shall be entitled to any retirement option allowed by such article." in subsection (b). The second 2014 amendment, effective July 1, 2014, deleted "full-time" preceding "chief magistrate" in subsection (b). See the Code Commission note regarding the effect of these amendments.