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Call Now: 904-383-7448After April 13, 1979, the contributions of the state under this Code section to this system shall be determined by the board each year on the basis of the most recent actuarial valuation. The board shall certify to the legislative fiscal officer the amount of the state's contributions due to the system. The state's contributions shall be paid from funds appropriated to the legislative branch of government and shall be in an amount determined by the board to be necessary to cover the costs of financing and administering the system. The legislative fiscal officer is directed to pay to the board the contributions of the state together with an amount necessary to cover the required employer contributions for social security coverage.
(Ga. L. 1979, p. 931, § 3; Ga. L. 1980, p. 611, §§ 7, 8; Ga. L. 1984, p. 758, § 2; Ga. L. 1988, p. 1476, § 1; Ga. L. 1989, p. 52, § 1; Ga. L. 2005, p. 535, § 19/HB 460; Ga. L. 2010, p. 1207, § 53/SB 436.)
The 2010 amendment, effective July 1, 2010, deleted former subsections (a) and (b); deleted the subsection (c) designation; and deleted former subsections (d) and (e).
- Ga. L. 2010, p. 1207, § 1, not codified by the General Assembly, provides that: "The intent of this Act is to repeal obsolete and inoperative provisions and to make certain stylistic corrections in Title 47 of the Official Code of Georgia Annotated. Nothing in this Act shall deny, abridge, increase, renew, revive, or on any way affect any right, benefit, option, credit, or election to which any person was entitled pursuant to such title on June 30, 2010, and the board of trustees of each public retirement system is authorized and directed to provide by regulation for the continuation of any such right, benefit, option, credit, or election not otherwise covered in this Act; provided, however, that any such right, benefit, option, credit, or election shall be subject to the statutory provisions in effect on June 30, 2010."
- Employees Retirement System (ERS) did not have implicit authority to transfer accounts from the legislative Retirement System to the ERS. Employees Retirement Sys. v. Evans, 211 Ga. App. 448, 439 S.E.2d 690 (1993), rev'd on other grounds, 264 Ga. 729, 450 S.E.2d 195 (1994).
State employee was entitled to credit toward retirement under the Employee's Retirement System (ERS) that portion of the employee's legislative career during which the employee was a member of ERS and the time the employee spent as a member of ERS while serving as Commissioner of Insurance; however, there was no statutory authorization that permitted the employee to use legislative time served while a member of the Legislative Retirement System toward retirement benefits under ERS; reversing in part, Employees Retirement Sys. v. Evans, 211 Ga. App. 448, 439 S.E. 690 (1993). Evans v. Employees' Retirement Sys., 264 Ga. 729, 450 S.E.2d 195 (1994).
Total Results: 1
Court: Supreme Court of Georgia | Date Filed: 1994-11-07
Citation: 264 Ga. 729, 450 S.E.2d 195, 94 Fulton County D. Rep. 3578, 1994 Ga. LEXIS 879
Snippet: opinion advising the chairman of ERS that OCGA § 47-6-42 did not authorize former legislators who later