Georgia Code
Title 47 - Retirement and Pensions
Chapter 20 - Public Retirement Systems Standards

Article 1 - General Provisions

§ 47-20-1. Short Title - This chapter shall be known and may be cited as...

§ 47-20-2. Legislative Purpose - It is the purpose of this chapter to comply with...

§ 47-20-3. Definitions - As used in this chapter, the term: (19.1) “Negative unfunded...

§ 47-20-4. Publicly Funded Retirement System Subject to Chapter; Not Applicable to Defined Contribution Retirement System - Any other provision of law to the contrary notwithstanding, any...

§ 47-20-5. Common Law Duties of Trustees Applicable - The duties of the boards of trustees of public retirement...

Article 2 - Minimum Funding Standards

§ 47-20-10. Minimum Annual Employer Contribution - History. Code 1981, § 47-20-10 , enacted by Ga. L....

§ 47-20-10.1. Other Post-Employment Benefits - History. Code 1981, § 47-20-10.1 , enacted by Ga. L....

§ 47-20-13. Financially Sound Systems Exempt From Minimum Funding Standards - The minimum funding standards specified by Code Section 47-20-10 shall...

Article 3 - Enforcement of Standards in Local Retirement Systems

§ 47-20-20. Freezing of Benefits and Other Provisions; Amount of Annual Employer Contribution - History. Code 1981, § 47-20-20 , enacted by Ga. L....

§ 47-20-21. Triennial Actuarial Investigations; Penalties for Violations Shown; List of Local Systems Not in Conformance Reported Triennially - History. Code 1981, § 47-20-21 , enacted by Ga. L....

Article 4 - Retirement Bills in General Assembly

Part 1 - General Provisions

§ 47-20-30. Definitions - As used in this article, the term: (4.1) “Nonfiscal retirement...

§ 47-20-31. Retirement Bills Must Carry Legislative Counsel Number When Introduced; Changes in Bills Prior to Introduction - No retirement bill may be introduced by any member of...

Part 2 - Nonfiscal Retirement Bills

§ 47-20-32. Prerequisites to Introduction of Nonfiscal Retirement Bill - As a condition precedent to the introduction of any retirement...

§ 47-20-33. Amendment of a Nonfiscal Retirement Bill - History. Code 1981, § 47-20-33 , enacted by Ga. L....

Part 3 - Fiscal Retirement Bills

§ 47-20-34. Introduction of Bill and Preliminary Consideration by Committee - History. Code 1981, § 47-20-34 , enacted by Ga. L....

§ 47-20-35. Perfection of Bill by Committee; Actuarial Investigation - History. Code 1981, § 47-20-35 , enacted by Ga. L....

§ 47-20-36. Scope of Actuarial Investigation; Certificate and Summary of Investigation Attached to Bill - History. Code 1981, § 47-20-36 , enacted by Ga. L....

§ 47-20-37. Consideration of Bill on the Floor; Approval of Amendments by State Auditor; Effect of Passing Bill in Violation of This Article - History. Code 1981, § 47-20-37 , enacted by Ga. L....

Article 5 - Administration

§ 47-20-50. Effective Date of Enacted Retirement Bill With Fiscal Impact; Unfunded Enacted Bills; Requirements for Retirement Bills Having Fiscal Impact - History. Code 1981, § 47-20-50 , enacted by Ga. L....

§ 47-20-50.1. Report of Funding of Retirement Bills Having a Fiscal Impact; Publication - History. Code 1981, § 47-20-50.1 , enacted by Ga. L....

§ 47-20-51. Accrued Retirement Benefits Are Not Created, Enhanced, or Diminished by This Chapter - No provision of this chapter generally and no provision of...

Article 6 - Miscellaneous

§ 47-20-60. State Auditor Authorized to Provide Personnel to Carry Out Duties Under Chapter; Funds Authorized; Cooperation of State Officials, Agencies, and Employees - History. Code 1981, § 47-20-60 , enacted by Ga. L....

§ 47-20-61. Certificates and Summaries of Actuarial Investigations Attached to Enrolled Act - The enrolled Act resulting from a bill which is subject...

§ 47-20-62. Effective Date of Chapter; Consideration of Fiscal Retirement Bills by 1984 Regular Session - This chapter shall become effective on January 1, 1984. Only...

Article 7 - Public Retirement Systems Investment Authority Law

§ 47-20-80. Short Title - This article shall be known and may be cited as...

§ 47-20-81. Fund Defined; Applicability - History. Code 1981, § 47-20-81 , enacted by Ga. L....

§ 47-20-82. Investing Funds; Eligibility; Investment Limitation - History. Code 1981, § 47-20-82 , enacted by Ga. L....

§ 47-20-83. Certificated or Uncertificated Forms of Investment; Real Estate Investments - History. Code 1981, § 47-20-83 , enacted by Ga. L....

§ 47-20-84. Large Retirement Systems - History. Code 1981, § 47-20-84 , enacted by Ga. L....

§ 47-20-85. Compliance - Notwithstanding any provision of the federal Secondary Mortgage Market Enhancement...

§ 47-20-86. Enforcement - This article shall be enforced as provided in Article 3...

§ 47-20-87. Definitions; Eligible Large Retirement Systems Authorized to Invest in Certain Alternative Investments; Applicability - that include investments in privately placed investment pools described in...