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

This chapter shall become effective on March 19, 1943, but neither the state nor any other employer or member shall be obligated to make contributions for the pensions and annuities under this chapter until after the General Assembly has by appropriation made available funds for the contribution of the state for its part of such pensions and annuities.
History. Ga. L. 1943, p. 640, § 14.

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Structure Georgia Code

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