Georgia Code
Article 3 - Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses
§ 47-2-60. Expense Fund; Purposes

The expense fund shall be the fund to which shall be credited state or federal funds, or both, to pay the administrative expense of the retirement system and from which shall be paid all expenses incurred in the administration and operation of the retirement system.
History. Ga. L. 1949, p. 138, § 8; Ga. L. 1973, p. 900, § 10.

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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