• § 45-18-24 - Definitions
  As used in this part, the term: (1) "Actuarial accrued liability" means that portion, as determined by a particular actuarial cost method, of the...
• § 45-18-25 - Creation of Georgia State Employees Post-Employment Health Benefit Fund; Identification and Transfer of Funds From Georgia Retiree Health Benefit Fund; How Funds Used
  (a) There is created the Georgia State Employees Post-employment Health Benefit Fund to provide for the costs of post-employment health insurance benefits. The fund...
• § 45-18-25.1 - Responsibilities and Procedures for Fund Operation; Rules and Regulations; Employment of Personnel and Professionals; Maintenance of Records; Collection of Moneys; Report
  (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...
• § 45-18-26 - Technical Advice; Annual Actuarial 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...
• § 45-18-27 - Control of Fund by Commissioner; Obligations to Be Paid From Fund; Investment Powers; Prohibition Against Personal Interest
  (a) Subject to the supervision of the board, the commissioner shall have control over the fund established by this part. The obligations provided for...
• § 45-18-28 - Minimum Annual Required Contributions; Employer Responsibilities
  (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