The board is authorized to grant postretirement benefit adjustments from time to time for the purpose of maintaining essentially no less purchasing power for persons receiving benefits pursuant to the provisions of this chapter. Granting postretirement benefit adjustments shall be based on the following factors:
History. Code 1981, § 47-4-105 , enacted by Ga. L. 1988, p. 879, § 1.
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 4 - Public School Employees Retirement System
Article 6 - Retirement, Retirement Allowances, and Disability Benefits
§ 47-4-100. Normal, Early, and Delayed Retirement; Vesting of Right to a Retirement Benefit
§ 47-4-101. Retirement Benefits Payable Upon Normal, Early, or Delayed Retirement
§ 47-4-102. Optional Retirement Benefits
§ 47-4-103. Disability Retirement Benefits; Determination of Disability