Upon retirement under subsection (a) of Code Section 47-24-100, the retired member shall receive a monthly service retirement allowance of $50.00 plus an additional $5.00 per month for each year of creditable service over 20 years, up to a maximum monthly benefit of $100.00.
History. Code 1981, § 47-24-101 , enacted by Ga. L. 2002, p. 1153, § 1.
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 24 - Georgia Military Pension Fund
Article 6 - Retirement Requirements
§ 47-24-100. Eligibility; Effective Date and Application
§ 47-24-101. Retirement Allowance — Amount
§ 47-24-102. Retirement Allowance — Monthly Payments; Cease After Death
§ 47-24-103. Returning to Service; Recalculation of Retirement Allowance After Cessation