Georgia Code
Article 2 - Administration and Management of the Assets of the Fund
§ 47-17-26. Methods of Providing Increases in Maximum Benefit Payable Under Article 6 of This Chapter

Any such increase may be uniform or may vary in accordance with the time of retirement, length of service, age, nature of the retirement, or such other factors as the board of commissioners shall determine.
History. Code 1981, § 47-17-26 , enacted by Ga. L. 1993, p. 607, § 1; Ga. L. 2010, p. 1207, § 66/SB 436.
The 2010 amendment, effective July 1, 2010, substituted “board of commissioners” for “board of trustees” three times in subsection (a).
Editor’s notes.
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.

Structure Georgia Code