Georgia Code
Article 7 - Retirement Allowances, Disability Benefits, and Spouses’ Benefits
§ 47-3-120. Allowance on Service Retirement; Minimum Retirement Allowance; Reduced Allowance; Increase; Computation of Average Compensation

(a.1) The minimum allowance to be received by any member upon retirement shall not be less than $17.00 per month for each year of creditable service, not to exceed 40 years of creditable service.
History. Ga. L. 1943, p. 640, § 5; Ga. L. 1950, p. 261, § 4; Ga. L. 1961, p. 392, § 2; Ga. L. 1965, p. 208, § 1; Ga. L. 1966, p. 513, § 2; Ga. L. 1966, p. 562, § 1; Ga. L. 1969, p. 384, § 2; Ga. L. 1971, p. 620, § 1; Ga. L. 1972, p. 140, § 2; Ga. L. 1972, p. 896, § 2; Ga. L. 1973, p. 895, § 1; Ga. L. 1974, p. 1141, § 2; Ga. L. 1975, p. 357, §§ 2, 3; Ga. L. 1975, p. 1328, § 1; Ga. L. 1977, p. 599, § 1; Ga. L. 1978, p. 1913, § 1; Ga. L. 1979, p. 1004, § 1; Ga. L. 1980, p. 1562, § 1; Ga. L. 1981, p. 1892, § 1; Ga. L. 1981, p. 1894, § 3; Ga. L. 1982, p. 3, § 47; Ga. L. 1984, p. 1314, §§ 2, 3; Ga. L. 1985, p. 209, § 1; Ga. L. 1986, p. 620, § 1; Ga. L. 1986, p. 1262, § 1; Ga. L. 1989, p. 249, § 1; Ga. L. 1992, p. 2476, § 2; Ga. L. 1993, p. 86, § 1.

Structure Georgia Code

Georgia Code

Title 47 - Retirement and Pensions

Chapter 3 - Teachers Retirement System of Georgia

Article 7 - Retirement Allowances, Disability Benefits, and Spouses’ Benefits

§ 47-3-120. Allowance on Service Retirement; Minimum Retirement Allowance; Reduced Allowance; Increase; Computation of Average Compensation

§ 47-3-121. Optional Retirement Allowances; Election of Such Options; Revocation of Election; Effect of Divorce

§ 47-3-122. Eligibility and Application for Disability Benefits; Amount of Disability Benefits; Reexamination of Recipients; Reduction

§ 47-3-123. Benefits Payable Upon the Death of a Member Before Retirement

§ 47-3-124. Application of Minimum Retirement Allowances to Persons Who Retired Pursuant to County, Municipal, or Local Board of Education Retirement or Pension Systems

§ 47-3-125. Application of Increases in Retirement Benefits to Persons Who Retired Pursuant to County, Municipal, or Local Board of Education Retirement or Pension Systems

§ 47-3-126. Postretirement Benefit Adjustments

§ 47-3-126.1. Postretirement Benefit Adjustments Effective July 1, 1984

§ 47-3-126.2. Postretirement Benefit Adjustments Effective July 1, 1986

§ 47-3-126.3. Postretirement Benefit Adjustments

§ 47-3-126.4. Postretirement Benefit for Beneficiary

§ 47-3-127. Effect of Restoration to Service on Retirement Allowances; Creditable Service After Restoration to Service

§ 47-3-127.1. Full-Time Employment of Beneficiaries Permitted Under Limited Conditions; Required Employer Contributions; Areas of Highest Need

§ 47-3-128. Payment of Accumulated Contributions Upon Request After Termination of Membership; Payment of Taxable Portion to Eligible Retirement Plan

§ 47-3-129. Rights When Retire Before 60 With Ten Years of Service or 20 Years Before 1954; Reestablishment of Credits Earned Before That Retirement

§ 47-3-130. Commencement of Benefits Under This Retirement System; Retirement After January 1, 1943, but Before the Commencement Date