reglab/housing_qa huggingface dataset:
GA Code § 47-1-60 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 5 - Establishing Creditable Service by Veterans|§ 47-1-60. Definitions

 As used in this article, the term:    "Creditable service" means service with a public retirement system or fund used in the same manner as actual service in the computation of all rights and benefits.   "Public retirement system or fund" means a public retirement system or fund created by this title.   "Qualified returning veteran" or "returning veteran" means a member of a public retirement system or fund whose employment which qualified him or her for such membership was interrupted by a period of qualified service and who returns to such employment in a manner sufficient to protect his or her reemployment rights as prescribed by Public Law 103-353, the federal Uniformed Services Employment and Reemployment Rights Act.   "Qualified service" means voluntary or involuntary service with one of the uniformed services, including active duty, active duty for training, initial active duty for training, inactive duty training, full-time National Guard duty, and any period during which a member is absent from employment for the purpose of an examination to determine his or her fitness to perform such duty.   "Uniformed services" means the United States Army, Army Reserve, Army National Guard, Navy, Navy Reserve, Marine Corps, Air Force, Air Force Reserve, Air National Guard, Coast Guard, the commissioned corps of the Public Health Service, and any other category of persons designated by the President of the United States in time of war or emergency.     (Code 1981, §47-1-60, enacted by Ga. L. 1996, p. 367, § 1.)
GA Code § 47-1-61 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 5 - Establishing Creditable Service by Veterans|§ 47-1-61. Eligibility of Veteran to Establish Creditable Service; Period of Qualified Service

 Any qualified returning veteran shall be eligible to establish creditable service with his or her retirement system or fund for not more than five years of qualified service by complying with the provisions of this article; provided, however, that such five-year period shall be extended by any period of mandatory service imposed by the uniformed service recognized by paragraph (4) of subsection (C) of Section 4312 of federal Public Law 103-353, the Uniformed Service Employment and Reemployment Rights Act of 1994. Notwithstanding any provisions of the law to the contrary, contributions, benefits, and service credits with respect to qualified uniformed service will be provided under each retirement or pension system in accordance with Section 414(u) of the federal Internal Revenue Code.    (Code 1981, §47-1-61, enacted by Ga. L. 1996, p. 367, § 1; Ga. L. 2005, p. 535, § 1/HB 460.)
GA Code § 47-1-80 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 6 - Conformity With Federal Law|§ 47-1-80. Distributions to Conform to Regulations Issued Under the Internal Revenue Code

 Notwithstanding any other provision of this title to the contrary, distributions from any public retirement or pension system shall conform to a good-faith interpretation of Section 401(a)(9) of the federal Internal Revenue Code and the regulations promulgated pursuant to such section as applicable to a governmental plan within the meaning of Section 414(d) of the federal Internal Revenue Code and shall be implemented in accordance with the grandfathering provisions of such regulations applicable to annuity option distributions in effect on April 17, 2001.    (Code 1981, §47-1-80, enacted by Ga. L. 2005, p. 535, § 2/HB 460; Ga. L. 2009, p. 947, § 4/HB 202.)    The 2009 amendment,  effective May 11, 2009, substituted "a good-faith interpretation of" for "the regulations issued under" and inserted "and the regulations promulgated pursuant to such section" in this Code section.
GA Code § 47-1-83 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 6 - Conformity With Federal Law|§ 47-1-83. Vesting of Member's Accrued Benefit as of Date of Termination or Partial Termination of Public Retirement or Pension System

 In accordance with subsection (a) of the federal Treasury Regulation Section 1.401-6, in the event of a termination or partial termination of a public retirement or pension system, a member's accrued benefit as of the date of such termination or partial termination, to the extent then funded, shall be nonforfeitable and fully vested under federal Internal Revenue Code requirements.    (Code 1981, §47-1-83, enacted by Ga. L. 2009, p. 947, § 8/HB 202; Ga. L. 2014, p. 223, § 2/HB 843.)
GA Code § 47-1-84 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 6 - Conformity With Federal Law|§ 47-1-84. Modifications by Board of Trustees

  Notwithstanding any other provision of this title to the contrary, the board of trustees of a retirement or pension system may modify a request by a plan member to make a contribution to the public retirement or pension system if the amount of the contribution would exceed the limits provided under Section 415 of the federal Internal Revenue Code by using the following methods:   If the law requires a lump sum payment for the purchase of service credit, the board of trustees may establish a periodic payment plan for the plan member to avoid a contribution in excess of the limits under Section 415(c) or 415(n) of the federal Internal Revenue Code; and   If the payment plan pursuant to paragraph (1) of this subsection will not avoid a contribution in excess of the limits, the board of trustees may refuse the plan member's contribution.     For any plan member who first became a plan member in the public retirement or pension system before January 1, 1998, the limitation of Section 415(c)(1) of the federal Internal Revenue Code shall not be applied to reduce the amount of permissive service credit which may be purchased to an amount less than the amount which was allowed to be purchased under state law on August 5, 1997.     (Code 1981, §47-1-84, enacted by Ga. L. 2009, p. 947, § 8/HB 202.)
GA Code § 47-1-85 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 6 - Conformity With Federal Law|§ 47-1-85. Assets of Public Retirement or Pension System to Be Held in Trust

  The assets of a public retirement or pension system shall be held in trust, and it shall not be possible at the time prior to satisfaction of all liabilities to plan members and their beneficiaries under the public retirement or pension system for any part of said assets to be used for, or diverted to, purposes other than for the exclusive benefit of plan members and their designated beneficiaries and for paying reasonable expenses of the public retirement or pension system and trust fund.   The board of trustees of a public retirement or pension system shall not engage in a transaction prohibited by Section 503(b) of the federal Internal Revenue Code.     (Code 1981, §47-1-85, enacted by Ga. L. 2009, p. 947, § 8/HB 202.)
GA Code § 47-1-86 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 1 - General Provisions|Article 6 - Conformity With Federal Law|§ 47-1-86. Adopted Plan Document or Rules and Regulations Govern

 Any other provision of this chapter to the contrary notwithstanding, to the extent that the Board of Trustees of the Georgia Municipal Employees Benefit System created by Chapter 5 of this title has adopted a plan document or rules and regulations that are in compliance with Sections 401(a) and 414(d) and other applicable sections of the federal Internal Revenue Code, such plan document or rules and regulations shall govern such system notwithstanding any conflicting provision in this chapter; provided, however, that the provisions of Code Section 47-1-13 shall in any event apply to said system.    (Code 1981, §47-1-86, enacted by Ga. L. 2009, p. 947, § 8/HB 202.)
GA Code § 47-2-20 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-20. Creation of Retirement System; Purpose, Management, Corporate Powers and Privileges, and Certain Rights in Actions at Law of Retirement System; Name Under Which Retirement System to Transact Business

 A retirement system is established and placed under the management of the board of trustees for the purpose of providing retirement allowances and other benefits under this chapter for employees of the state and political subdivisions thereof. It shall have the powers and privileges of a corporation and the right to bring and defend actions and to implead and be impleaded. It shall be known as the "Employees' Retirement System of Georgia," and by such name all of its business shall be transacted, all of its funds invested, and all of its cash and securities and other property held.   (Ga. L. 1949, p. 138, § 2.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 60A Am. Jur. 2d, Pensions and Retirement Funds, §§ 1166 et seq., 1182.   C.J.S.   - 67 C.J.S., Officers and Public Employees, § 311 et seq. 81A C.J.S., States, § 211 et seq.   ALR.   - Constitutionality, construction, and application of statute or ordinance providing for reduction of pension or retirement benefit of public officer or employee because of independent income, 7 A.L.R.2d 692.
GA Code § 47-2-23 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-23. Treasurer of the Board of Trustees; Manner of Payment of Funds of the Retirement System; Surety Bond for the Treasurer

 There shall be a treasurer of the board of trustees, who shall be appointed by it and subject to its rules and regulations. He shall be the treasurer of the assets of the retirement system. Payments of the funds of the retirement system shall be made by the treasurer only upon vouchers signed by the treasurer and countersigned by one other person designated by the board of trustees. The treasurer of the board of trustees shall furnish to the board of trustees a surety bond of a company authorized to do business in this state in such an amount as shall be required by the board of trustees, provided that if the treasurer is a corporate trustee authorized to do business as such under the laws of this state, the trustees, in their discretion, may decide that no such bond be furnished. The premium on the surety bond shall be paid from the expense fund.   (Ga. L. 1949, p. 138, § 7.)   RESEARCH REFERENCES   C.J.S.   - 67 C.J.S., Officers and Public Employees, § 313. 81A C.J.S., States, § 213 et seq.
GA Code § 47-2-24 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-24. Designation of Medical Board; Duties

 The board of trustees shall designate a medical board of three physicians who are not eligible to participate in the retirement system. If required, other physicians may be employed to report on special cases. The medical board shall arrange for and pass upon all medical examinations required under this chapter and shall report in writing to the board of trustees its conclusions and recommendations upon all the matters referred to it.   (Ga. L. 1949, p. 138, § 6.)   OPINIONS OF THE ATTORNEY GENERAL   Refusing copies of reports to applicant for benefits.    - If the medical board of the Employees Retirement System determines that the examining physician has met the criteria of O.C.G.A. § 31-33-2(c) in recommending nondisclosure of medical records, prepared in the evaluation of a claim for disability retirement benefits, it is appropriate to refuse copies of those reports to the applicant who was examined. 1992 Op. Att'y Gen. No. 92-19.
GA Code § 47-2-25 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-25. Legal Adviser of the Board of Trustees

 The Attorney General shall be the legal adviser of the board of trustees.   (Ga. L. 1949, p. 138, § 6; Ga. L. 2010, p. 1207, § 65/SB 436.)    The 2010 amendment,  effective July 1, 2010, substituted "adviser" for "advisor" in the middle of this Code section.   Editor's notes.   - Ga. L. 2010, p. 1207, § 1, not codified by the General Assembly, provides that: "The intent of this Act is to repeal obsolete and inoperative provisions and to make certain stylistic corrections in Title 47 of the Official Code of Georgia Annotated. Nothing in this Act shall deny, abridge, increase, renew, revive, or on any way affect any right, benefit, option, credit, or election to which any person was entitled pursuant to such title on June 30, 2010, and the board of trustees of each public retirement system is authorized and directed to provide by regulation for the continuation of any such right, benefit, option, credit, or election not otherwise covered in this Act; provided, however, that any such right, benefit, option, credit, or election shall be subject to the statutory provisions in effect on June 30, 2010."
GA Code § 47-2-27 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-27. Duty of Board of Trustees to Keep Data Necessary for Actuarial Valuations; Duty to Keep Records of Proceedings; Annual Report

  The board of trustees shall keep in convenient form such data as shall be necessary for actuarial valuations of the various funds of the retirement system and for checking the experience of the retirement system.   The board of trustees shall keep a record of all of its proceedings, which record shall be open to public inspection. It shall publish annually a report showing the fiscal transactions of the retirement system for the preceding year, the amount of the accumulated cash and securities of the retirement system, and the last balance sheet showing the financial condition of the retirement system by means of an actuarial valuation of the contingent assets and liabilities of the retirement system.    (Ga. L. 1949, p. 138, § 6.)
GA Code § 47-2-30 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-30. Deposits of Cash Available for Disbursements for Benefits and Other Payments

 For the purpose of meeting disbursements for pensions, annuities, and other payments, cash may be kept available on deposit in one or more banks or trust companies organized under the laws of this state or of the United States, provided that the sum on deposit in any one bank or trust company shall not exceed 25 percent of the paid up capital and surplus of each bank or trust company; and provided, further, that each bank or trust company shall either give a depository bond in an amount sufficient to cover the deposits or place in trust a sufficient amount of federal or state securities to cover the deposits.   (Ga. L. 1949, p. 138, § 7.)
GA Code § 47-2-31 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-31. Investment Powers; Power to Employ Agents as Investment Advisers and to Make Investments

  The board of trustees shall be the trustees of the funds and shall have full power to invest and reinvest the assets of the retirement system and to purchase, hold, sell, assign, transfer, and dispose of any securities and other investments in which assets of the retirement system have been invested, any proceeds of any investments, and any money belonging to the retirement system; provided, however, that such power shall be subject to all terms, conditions, limitations, and restrictions imposed by Article 7 of Chapter 20 of this title, the "Public Retirement Systems Investment Authority Law."   The board of trustees is authorized to employ agents, including, but not limited to, banks or trust departments, and to contract with such agents for their services as investment advisers and counselors who will make recommendations for investments and make investments, if the board of trustees so authorizes.    (Ga. L. 1949, p. 138, § 7; Ga. L. 1963, p. 546, § 1; Ga. L. 1968, p. 1356, § 5; Ga. L. 1995, p. 651, § 1; Ga. L. 2000, p. 2, § 4; Ga. L. 2005, p. 535, § 6/HB 460; Ga. L. 2006, p. 93, § 1/SB 466.)   OPINIONS OF THE ATTORNEY GENERAL   Board may make legal loans.    - Retirement system, having the same investment powers as domestic insurers pursuant to Ga. L. 1963, p. 546, § 1 (see O.C.G.A. § 47-2-31), may make such loans (so long as the limitations of Ga. L. 1960, p. 289, § 1 (see O.C.G.A. § 33-11-25(a)(1)(D)) are observed), as the board of trustees so desires. 1963-65 Op. Att'y Gen. p. 385.
GA Code § 47-2-32 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-32. Personal Interest in Gains or Profits From Investments Made by the Board of Trustees; Unauthorized Use of Assets of the Retirement System

 Except as otherwise provided in this chapter, no trustee or employee of the board of trustees shall have any personal interest in the gains or profits from any investment made by it or use in any manner, directly or indirectly, for himself or as an agent, the assets of the retirement system, except to make such payments as are authorized by the board of trustees in accordance with this chapter.   (Ga. L. 1949, p. 138, § 7.)
GA Code § 47-2-33 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 2 - Creation, Administration, and Management of the Assets of the Retirement System|§ 47-2-33. 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 period beginning on July 1 of each year.    (Code 1981, §47-2-33, enacted by Ga. L. 2009, p. 947, § 13/HB 202.)
GA Code § 47-2-50 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 3 - Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-2-50. Funds in Which Assets of the Retirement System to Be Held

 All the assets of the retirement system shall be credited, according to the purpose for which they are held, among three funds, to be known as the "annuity savings fund," the "pension accumulation fund," and the "expense fund."   (Ga. L. 1949, p. 138, § 8; Ga. L. 1973, p. 900, § 2.)
GA Code § 47-2-52 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 3 - Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-2-52. Employer's Duty to Deduct and Report Employee Contributions; Duty of Chief Fiscal Officer to Remit Employee Contributions; Effect of Failure to Comply

 Each employer responsible for the payment of compensation to contributing members shall deduct and collect from each member's salary the employee contributions required under the retirement system and shall make a monthly report of such actions in such manner and form as are required by the chief fiscal officer of his employer. Such deductions may be made from future payments or reimbursement check to the employer. It shall be the duty of the chief fiscal officer of each employer to make monthly remittance of employees' contributions to the board of trustees. Should any employer fail to collect employee contributions or to make reports as required in this Code section, the appropriate employer shall withhold all funds allotted to such employer until he has fully complied with this Code section.   (Ga. L. 1949, p. 138, § 13.)
GA Code § 47-2-53 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 2 - Employees' Retirement System of Georgia|Article 3 - Employee and Employer Contributions and Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-2-53. Effect of Failure of Any Employee, Employer, or Reporting Official to Make Contributions or to Make Reports With Respect to Employment and Membership

 Any other provisions of law to the contrary notwithstanding, if any employee, his employer, or the designated reporting official fails to make such reports properly as are required under this chapter with respect to employment or membership or to make contributions, the board of trustees, after having exhausted all administrative efforts to obtain such reports or contributions, is authorized to and shall declare null and void any and all benefits which would have otherwise accrued to the employee if the proper reports and contributions had been made, provided that those contributions which had been previously credited to the individual's annuity savings fund shall be forthwith refunded. In addition, such individual shall no longer be a member nor henceforth be eligible for membership.   (Ga. L. 1961, p. 143, § 6; Ga. L. 1973, p. 900, § 10.)