TITLE 47 RETIREMENT AND PENSIONS

Section 4. Public School Employees Retirement System, 47-4-1 through 47-4-121.

ARTICLE 2 CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM

47-4-25. Powers and duties of the board.

1. The board is given the following powers and duties:
   1. To provide for the collection of all money provided for in this chapter;
   2. To provide for the payment of all administrative expenses;
   3. To hear and decide all applications for retirement benefits under this chapter;
   4. To provide for the payment of all retirement benefits that may be determined to be due under the rules and regulations adopted by the board;
   5. To make and promulgate all necessary rules and regulations not inconsistent with the laws of this state in order to carry out this chapter;
   6. To determine eligibility of persons to receive retirement benefits under this chapter;
   7. To make provisions for refunds or repayments to persons who may be entitled to receive them; and
   8. To keep records of all its meetings.
2. The board shall also have all other powers necessary for the proper administration of this chapter.

(Ga. L. 1969, p. 998, § 13.)