In the application of Code Sections 47-2-121, 47-2-123, 47-2-124, and subsection (d) of Code Section 47-2-120 to allowances, the monthly benefit of the member, whether dead or in life, or his beneficiary shall be computed as if the member attained age 60 or 65, whichever is applicable, and upon reaching that age applied for a retirement allowance. The monthly benefit so computed shall be payable for the life of the member or pursuant to the terms of the option, if any, selected by the member under Code Section 47-2-121.
History. Ga. L. 1957, p. 283, § 10.
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 2 - Employees’ Retirement System of Georgia
Article 7 - Retirement Allowances, Disability Benefits, Spouses’ Benefits
§ 47-2-120. Retirement Allowances
§ 47-2-121. Optional Retirement Allowances
§ 47-2-124. Eligibility for Benefits of Persons With at Least 95 Percent of Required Service Credit
§ 47-2-126. Restoration to Service of Disability Beneficiary
§ 47-2-127. Applicable Ages for Computation of Benefits; Duration of Benefits
§ 47-2-128. Survivors Benefit Coverage; Fund; Contributions
§ 47-2-129. Group Term Life Insurance Protection as Part of Survivors Benefits Program