• § 20-2-874 - Definitions
  As used in this subpart, the term: (1) "Actuarial accrued liability" means that portion, as determined by a particular actuarial cost method, of the...
• § 20-2-875 - Creation of Fund; Transfer of Funds; Use of Funds
  (a) There is created the Georgia School Personnel Post-employment Health Benefit Fund to provide for the costs of post-employment health insurance benefits. The fund...
• § 20-2-876 - Responsibilities and Procedures for Operation of Fund
  (a) Responsibility for the proper operation of the fund is vested in the department.(b) The board shall adopt actuarial assumptions as it deems necessary...
• § 20-2-877 - Technical Advice From Actuary; Valuations
  (a) The actuary employed or retained by the department shall provide technical advice to the department and to the board regarding the operation of...
• § 20-2-878 - Commissioner Authority; Investment Powers; Prohibition of Personal Interest
  (a) Subject to the supervision of the board, the commissioner shall have control over the fund established by this subpart. The obligations provided for...
• § 20-2-879 - Minimum Annual Required Contributions; Employer Obligations
  (a) The board shall annually determine the minimum annual required contributions sufficient to maintain the fund in an actuarially sound manner in accordance with...

Last modified: October 14, 2016