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  4. Georgia
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  6. Title 47 - Retirement and P...
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  8. Chapter 4 - Public School E...
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  10. Article 2 - Creation, Administration, and Manag...


Article 2 - Creation, Administration, and Management of the Assets of the Retirement System


  • § 47-4-20. Creation and administration of the retirement system; corporate powers and privileges; rights in actions; name under which retirement system business shall be transacted
  • § 47-4-21. Creation and administration of the retirement fund
  • § 47-4-22. Membership of the board; expenses and per diem; quorum for the transaction of business; chairman, secretary, and treasurer of the board
  • § 47-4-23. Exemption of members of the board from liability for their acts, omissions, and conduct; indemnification of members of the board
  • § 47-4-24. Legal adviser of the board
  • § 47-4-25. Powers and duties of the board
  • § 47-4-26. Power of board over funds; special account for deposit of funds and payment of benefits and expenses; investment powers; power to employ agents
  • § 47-4-27. Power of board to take, hold, and invest any gift, grant, or bequest
  • § 47-4-28. Duty of board to keep records of accounts in granting benefits and records of the operations of the board; annual financial statement to the General Assembly
  • § 47-4-29. Appropriations for employer contributions; creation of an expense fund; payment prior to commencement date of employer contributions and expenses of retirement system
  • § 47-4-30. Plan year designated
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