Georgia Code
Chapter 22 - Georgia Defined Contribution Plan
§ 47-22-11. Retirement; Option to Receive Periodic Payment

Any member shall be entitled to retire upon attaining the age of 65. Such member shall have the option to receive a periodic payment as permitted by the board.
History. Code 1981, § 47-22-11 , enacted by Ga. L. 1992, p. 1288, § 1; Ga. L. 2005, p. 535, § 29/HB 460.

Structure Georgia Code

Title 47 - Retirement and Pensions

Chapter 22 - Georgia Defined Contribution Plan

§ 47-22-1. Definitions

§ 47-22-2. Creation of Georgia Defined Contribution Plan

§ 47-22-3. Executive Secretary

§ 47-22-4. Administration and Operation of Plan; Records; Payment of Employees and Expenses; Investment

§ 47-22-5. Trustee of Funds of Plan; Power to Invest Funds; Conflicts of Interest as to Investments; Custody of Funds; Vouchers

§ 47-22-6. Legal Adviser

§ 47-22-7. Membership in Plan

§ 47-22-8. Member Contributions; Earnings

§ 47-22-9. Payment of Lump Sum on Termination of Employment; Continued Accrual of Earnings Absent Request for Lump Sum Payment; Withdrawal of Moneys and Closing of Account Upon Cessation of Employment; Vesting and Nonforfeitablility

§ 47-22-10. Lump Sum Payment on Death of Member

§ 47-22-11. Retirement; Option to Receive Periodic Payment