If the moneys provided by this chapter are not sufficient at any time to enable the board to pay each person his benefits in full under this chapter, then those persons entitled to benefits shall be paid an equal amount, which, in the opinion of the board, the fund may provide. In no such event shall the board or any member of the board be liable to any beneficiary for any deficiencies in payments under this chapter.
History. Ga. L. 1955, p. 339, § 8; Ga. L. 1982, p. 3, § 47.
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 7 - Georgia Firefighters’ Pension Fund
Article 7 - Miscellaneous Provisions
§ 47-7-121. Vesting of Rights to Benefits
§ 47-7-123. Exemption of Assets of the Board From Taxation
§ 47-7-125. Availability of Records of Local Departments to Board; Confidentiality
§ 47-7-126. Penalty for False Statements or Falsified Records; Correction of Errors by the Board