O.C.G.A.
O.C.G.A.

O.C.G.A. § 47-6-70.2 (2019)

Reestablishment of creditable service by current members who ceased being members of General Assembly and who withdrew retirement contributions

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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Any current member who had previously ceased to be a member of the General Assembly and who withdrew accumulated contributions from the retirement system pursuant to Code Section 47-6-85 may reestablish as creditable service the total creditable service possessed by the member at the time of such withdrawal of accumulated contributions by paying to the board of trustees the amount of accumulated contributions which were withdrawn plus regular interest on such amount compounded annually from the date of the withdrawal of such contributions to the date of payment.

History

(Code 1981, § 47-6-70.2, enacted by Ga. L. 1990, p. 534, § 1.)

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ARTICLE 6 RETIREMENT, RETIREMENT ALLOWANCES, AND DEATH BENEFITS

Annotations

OPINIONS OF THE ATTORNEY GENERAL Credit as membership service in determining involuntary separation benefit eligibility. - Service as a member of the General Assembly after January 1, 1954, paid for as membership service in the Legislative Retirement System and transferred to the Employees’ Retirement System is creditable as

membership service for determination of eligibility for the involuntary separation benefits provided by Ga. L. 1972, p. 360, § 3 and Ga. L. 1953, Nov.-Dec. Sess., p. 160, § 2 (see O.C.G.A. §§ 47-2-123 and 47-2-124). 1973 Op. Att’y Gen. No. U73-17.

RESEARCH REFERENCES Am. Jur. 2d. - 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1166 et seq. C.J.S. - 67 C.J.S., Officers and Public Employees, § 311 et seq. 81A C.J.S., States, § 211 et seq. ALR. - Reasonableness of classification, as regards beneficiaries, by statute providing for retirement fund or pension for public officers or employees, 163 ALR 870.

Gift to or for employees’ pension fund as valid charitable gift or trust, 28 ALR2d 428. Unemployment compensation: eligibility of employee laid off according to employer’s mandatory retirement plan, 50 ALR3d 880. Mandatory retirement of public officer or employee based on age, 81 ALR3d 811.

ARTICLE 1 GENERAL PROVISIONS