Georgia Code, Title 47, Chapter 6, Article 2 - Creation, Administration, and Management of the Assets of the Retirement System

• § 47-6-20 - Creation and Administration of the Retirement System; Commencement of Operations; Corporate Powers and Privileges; Name in Which Retirement System to Transact Business
  (a) A retirement system is created and placed under the administration of the Board of Trustees of the Employees' Retirement System of Georgia to...
• § 47-6-21 - Creation of the Office of Executive Secretary
  There is created an office to be known as the "executive secretary of the Georgia Legislative Retirement System." The director of the Employees' Retirement...
• § 47-6-22 - Powers and Duties of the Board of Trustees
  (a) The general administration and responsibility for the proper operation of the system and for putting this chapter into effect are vested in the...
• § 47-6-23 - Investment Powers of Board; Members' and Employees' Dealings With Funds; Vouchers for Payments
  (a) The board shall be the trustee of the funds of the system; may invest and reinvest such funds; and may hold, purchase, sell,...
• § 47-6-24 - Members' Account; Accumulation Account; Crediting of Interest and Dividends
  (a) All of the assets of the system shall be credited, according to the purpose for which they are held, to either the members'...
• § 47-6-25 - Plan Year Designated
  For purposes of complying with federal Internal Revenue Service rules and regulations, the plan year for this retirement system shall be the 12 month...

Last modified: October 14, 2016