A member who has completed at least five consecutive years of membership service in the public schools of Georgia or the University System of Georgia immediately prior to applying may obtain up to ten years of creditable service for service as a teacher in a private elementary or secondary school or any private college or university located in the state accredited by the Southern Association of Colleges and Schools, the Georgia Accrediting Association, or a nationally recognized accrediting agency by the State Board of Education. Such service credit shall be allowed on the basis of one year of credit for such service for each additional year of membership service in the public schools of Georgia or the University System of Georgia. A member wishing to obtain such creditable service shall provide documentation and pay to the board of trustees such amount as determined by the actuary as necessary to grant such benefit without creating any accrued actuarial liability as to this retirement system.
History. Code 1981, § 47-3-95 , enacted by Ga. L. 2002, p. 1218, § 1.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2002, Code Section 47-3-94, as enacted by Ga. L. 2002, p. 1218, § 1, was redesignated as Code Section 47-3-95.
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 3 - Teachers Retirement System of Georgia
Article 5 - Service Creditable Toward Retirement Benefits
§ 47-3-80. Power of the Board of Trustees to Determine Which Service Is Creditable Service
§ 47-3-82. Reestablishment of Creditable Service by Persons Who Have Withdrawn Their Contributions
§ 47-3-84.1. Certain Former Members of the System Who Have Not Withdrawn Contributions
§ 47-3-90. Absence From Employment Because of Pregnancy
§ 47-3-91. Credit for Service for Visiting Scholars
§ 47-3-92. Absence From Employment Because of Sick Leave; Creditable Service
§ 47-3-93. Additional Creditable Service for Members With at Least 25 Years of Creditable Service