Georgia Code § 47-22-10 - Lump Sum Payment on Death of Member

Upon the death of any member, a lump sum amount shall be paid to such person as the member has nominated by written designation, filed with the board; otherwise to the member's estate. Such lump sum amount shall be equal to the total amount credited to the member's account on the date of the member's death.

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Last modified: October 14, 2016