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  6. Title 47 - Retirement and P...
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  8. Chapter 3 - Teachers Retire...
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  10. Article 3 - Employee and Employer Contributions...


Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses


  • § 47-3-40. Funds in which assets of the retirement system are to be held
  • § 47-3-41. Annuity savings fund generally
  • § 47-3-41.1. Payment of employee contributions by employers; mandatory nature; vesting
  • § 47-3-42. Employer's duty to deduct, collect, and remit employee contributions; effect of failure to deduct, collect, and remit such contributions
  • § 47-3-43. Pension accumulation fund generally
  • § 47-3-44. Crediting to pension accumulation fund; annual transfer from pension accumulation fund to provide regular interest
  • § 47-3-45. Obligations of the pension accumulation fund; permissible uses of the assets of the pension accumulation fund and of income, interest, and dividends
  • § 47-3-46. Date on which contributions to the retirement system are to commence
  • § 47-3-47. Purpose of the expense fund
  • § 47-3-48. Certification to employers of normal and accrued liability contribution rates; estimates by employers of contributions for coming year; requests for appropriations
  • § 47-3-49. Effective date of chapter; effect of appropriation of funds on the obligation to make employee and employer contributions to the retirement system
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