Georgia Code
Article 6 - Retirement, Retirement Allowances, and Death Benefits
§ 47-6-80. Eligibility and Application for a Retirement Allowance; Early Retirement; Monthly Retirement Allowance; Amount of Retirement Allowance; Compliance With Federal Tax Laws; Increases in Retirement Allowance

(c.1) In lieu of the monthly service retirement allowance provided in subsection (d) of this Code section, for any person who was a contributing member on January 1, 2022, or who first becomes a contributing member after January 1, 2022, upon retirement under subsection (a) of this Code section such member shall receive a monthly service retirement allowance equal to the sum of $50.00 for each year of such member’s creditable service and an additional $200.00 for each year of such member’s presiding creditable service. Any inactive or retired member who was not a contributing member on January 1, 2022, and who becomes a contributing member again after January 1, 2022, shall be eligible for the monthly service retirement allowance provided in this subsection for his or her membership service earned after January 1, 2022.
(d.1) The board of trustees is authorized to provide for the payment of benefits to members or beneficiaries of the retirement system at a time and under circumstances not provided for in this chapter to the extent that such payment is required to maintain the retirement system as a qualified retirement plan for purposes of federal income tax laws and regulations.
provided, however, that any such increase shall be uniform and shall apply equally to all members of this retirement system.
History. Ga. L. 1967, p. 259, § 6; Ga. L. 1968, p. 1354, § 2; Ga. L. 1971, p. 930, § 2; Ga. L. 1979, p. 931, § 1; Ga. L. 1980, p. 611, § 3; Ga. L. 1986, p. 1255, § 2; Ga. L. 1990, p. 510, § 1; Ga. L. 2000, p. 1277, § 2; Ga. L. 2009, p. 320, § 3/HB 452; Ga. L. 2009, p. 947, § 26/HB 202; Ga. L. 2013, p. 688, § 1/SB 178; Ga. L. 2022, p. 218, § 4/HB 824.
The 2009 amendments.
The first 2009 amendment, effective July 1, 2009, added subsection (g). The second 2009 amendment, effective May 11, 2009, in subsection (c), added the first two sentences and substituted “the member’s” for “his” near the end of the last sentence.
The 2013 amendment, effective July 1, 2013, added subsection (d.1).
The 2022 amendment, effective July 1, 2022, added subsection (c.1).
Editor’s notes.
Ga. L. 2009, p. 320, § 1, not codified by the General Assembly, provides that: “The General Assembly is desirous of providing an established annual cost-of-living adjustment to all current active and retired members of the Employees’ Retirement System of Georgia, the Georgia Legislative Retirement System, and the Georgia Judicial Retirement System. In order to do so, limiting future liability of the systems by adjusting the retirement expectations of persons who are newly employed is a regrettable but necessary step toward fiscal soundness.

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