Georgia Code
Article 3 - Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses
§ 47-2-59. Effective Date of Chapter; Effect of Budget Appropriations on Obligation of State Agency or Other Employer to Make Contributions

This chapter shall become effective on February 3, 1949, but neither a state agency nor any other employer or member shall be obligated to make contributions for the pensions and annuities under this chapter until after that agency or other employer has made provision in its annual budget for funds for the contribution of its part of such pensions and annuities.
History. Ga. L. 1949, p. 138, § 16.

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Structure Georgia Code

Georgia Code

Title 47 - Retirement and Pensions

Chapter 2 - Employees’ Retirement System of Georgia

Article 3 - Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses

§ 47-2-50. Funds in Which Assets of the Retirement System to Be Held

§ 47-2-51. Annuity Savings Fund and Employee Contributions; Deductions; Effect of Default With Respect to Employer Contributions; Payments, Withdrawal, or Transfer of Funds

§ 47-2-51.1. Supplemental Guaranteed Lifetime Income Annuities

§ 47-2-52. Employer’s Duty to Deduct and Report Employee Contributions; Duty of Chief Fiscal Officer to Remit Employee Contributions; Effect of Failure to Comply

§ 47-2-53. Effect of Failure of Any Employee, Employer, or Reporting Official to Make Contributions or to Make Reports With Respect to Employment and Membership

§ 47-2-54. Payment of State Employee Contributions on Behalf of Employees; Inclusion of Contributions in Compensation for Determining Benefits; Adjustment in Compensation of State Employees; “Pick-Up” Contributions

§ 47-2-55. Pension Accumulation Fund; Purposes; Employer Contributions; Crediting of Interest and Dividends Earned on Funds of the Retirement System

§ 47-2-56. Maintenance of Annuity and Pension Reserves and Payment of Benefits Under This Chapter as Obligations of the Pension Accumulation Fund; Permissible Uses of Assets of the Fund

§ 47-2-57. Certification of Normal Cost and Unfunded Accrued Liability Contribution Rates to Employers; Provision in Employer’s Budget for Employer Contributions

§ 47-2-59. Effective Date of Chapter; Effect of Budget Appropriations on Obligation of State Agency or Other Employer to Make Contributions

§ 47-2-60. Expense Fund; Purposes