O.C.G.A.

O.C.G.A. § 47-4-20 (2019)

Creation and administration of the retirement system; corporate

✓ 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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powers and privileges; rights in actions; name under which retirement system business shall be transacted. There is created a retirement system which shall be placed under the management and control of the board for the purposes of providing retirement benefits and other benefits under this chapter for public school employees. It shall be a budget unit of the state government and shall have the power 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 ‘‘Public School Employees Retirement System,’’ and by such name all of its business shall be transacted, all of its funds shall be invested, and all of its cash, securities, and other property shall be held.

History

(Ga. L. 1969, p. 998, § 3.)

Annotations

RESEARCH REFERENCES 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, § 313. 78 C.J.S., Schools and School Districts, § 264 et seq.

Notes of Decisions

Cited in 1 case, 2012–2012 · leading case: Brantley v. Muscogee Cnty. Sch. Dist., 906 F. Supp. 2d 1307 (M.D. Ga. 2012).

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Brantley v. Muscogee Cnty. Sch. Dist., 906 F. Supp. 2d 1307 (M.D. Ga. 2012). · cites it 2× “§ 47-3-20 (establishing TRS); O.C.G.A. § 47-4-20 (creating PSERS). 1. Teachers Retirement System TRS membership is open to teachers.”

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.