History. Code 1981, § 47-21-4 , enacted by Ga. L. 1990, p. 1811, § 2; Ga. L. 1994, p. 660, § 1; Ga. L. 1996, p. 1244, § 1; Ga. L. 1998, p. 126, § 1; Ga. L. 2008, p. 347, § 2/HB 815; Ga. L. 2013, p. 787, § 1/HB 232.
The 2008 amendment, effective July 1, 2008, in paragraph (b)(1), deleted “and” at the end; in paragraph (b)(2), inserted “and before January 1, 2009,” in the first sentence and substituted “; and” for “The provisions of this subsection are subject to subsequent legislation; provided, however, that such legislation shall not provide for a rate of contribution lower than 4 percent.” at the end; and added paragraph (b)(3).
The 2013 amendment, effective July 1, 2013, in subsection (a), substituted “On and after July 1, 2013, each” for “Each” at the beginning, and substituted “board of regents” for “board of trustees which shall be not less than 5 nor more than 6 percent” near the end.