Georgia Code
Subpart 3 - Plan for Public School Employees
§ 20-2-919. Investment of Health Insurance Fund

Any amounts held by the health insurance fund which are available for investment shall be paid over to the Office of the State Treasurer. The state treasurer shall deposit such funds in a trust account for credit only to the health insurance fund. The state treasurer shall invest these health insurance funds subject to the limitations of Code Section 50-5A-7 and Chapter 17 of Title 50. All income derived from such investments shall accrue to the health insurance fund. When moneys are paid over to the Office of the State Treasurer, as provided in this Code section, the commissioner shall submit an estimate of the date such funds shall no longer be available for investment. When the commissioner wishes to withdraw funds from the trust account provided for in this Code section, he or she shall submit a request for such withdrawal, in writing, to the state treasurer.
History. Ga. L. 1980, p. 1538, § 4; Ga. L. 1993, p. 1402, § 18; Ga. L. 1999, p. 592, § 2; Ga. L. 2000, p. 1474, § 3; Ga. L. 2010, p. 863, §§ 2, 3/SB 296.

Structure Georgia Code

Georgia Code

Title 20 - Education

Chapter 2 - Elementary and Secondary Education

Article 17 - Teachers and Other School Personnel

Part 6 - Health Insurance Plans

Subpart 3 - Plan for Public School Employees

§ 20-2-910. Definitions

§ 20-2-911. Board to Establish Plan; Rules and Regulations; Extent of Coverage; Recommendations to General Assembly for Schedule of Maximum Fees for Hospitals and Practitioners

§ 20-2-912. Exclusions From Coverage

§ 20-2-913. Design of Plan; Controls on Unnecessary Use of Services

§ 20-2-914. Contracts for Benefits or Self-Insurance Authorized; Reinsurance; Certificates of Coverage

§ 20-2-915. Coverage for Retiring and Retired Public School and Certain Community College Employees and Dependents; Subordination to Federal Program

§ 20-2-915.1. Coverage for Employees With Eight or More Years of Creditable Service; Premiums

§ 20-2-915.2. Coverage of Dependents After Death of Employee

§ 20-2-916. Coverage for Dependents; Agreement to Pay Contributions

§ 20-2-917. Payment of Benefits

§ 20-2-918. Health Insurance Fund for Public School Employees

§ 20-2-919. Investment of Health Insurance Fund

§ 20-2-920. Withholding or Deducting Employees’ Contributions; State Contributions; Enrollment of Employees of School System Not Participating in the Plan

§ 20-2-921. Providing for Funds Required Annually for Employer Contributions

§ 20-2-922. Employer and Employee Commencement Dates; Option to Reject or Elect Coverage

§ 20-2-923. Option of Local Boards as to Coverage

§ 20-2-924. Administrative Discharge of Certain Debts

§ 20-2-925. Confidentiality of Claim Forms and Records

§ 20-2-926. Deposit of Contributions Into Georgia Retiree Health Benefit Fund