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

The expense fund shall be the fund to which shall be credited the state funds appropriated to pay the administrative expenses of the retirement system and from which shall be paid all expenses incurred in its administration and operation.
History. Ga. L. 1943, p. 640, § 8; Ga. L. 1962, p. 723, § 8.

Structure Georgia Code

Title 47 - Retirement and Pensions

Chapter 3 - Teachers Retirement System of Georgia

Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses

§ 47-3-40. Funds in Which Assets of the Retirement System Are to Be Held

§ 47-3-41. Annuity Savings Fund Generally

§ 47-3-41.1. Payment of Employee Contributions by Employers; Mandatory Nature; Vesting

§ 47-3-42. Employer’s Duty to Deduct, Collect, and Remit Employee Contributions; Effect of Failure to Deduct, Collect, and Remit Such Contributions

§ 47-3-43. Pension Accumulation Fund Generally

§ 47-3-44. Crediting to Pension Accumulation Fund; Annual Transfer From Pension Accumulation Fund to Provide Regular Interest

§ 47-3-45. Obligations of the Pension Accumulation Fund; Permissible Uses of the Assets of the Pension Accumulation Fund and of Income, Interest, and Dividends

§ 47-3-46. Date on Which Contributions to the Retirement System Are to Commence

§ 47-3-47. Purpose of the Expense Fund

§ 47-3-48. Certification to Employers of Normal and Accrued Liability Contribution Rates; Estimates by Employers of Contributions for Coming Year; Requests for Appropriations

§ 47-3-49. Effective Date of Chapter; Effect of Appropriation of Funds on the Obligation to Make Employee and Employer Contributions to the Retirement System