reglab/housing_qa huggingface dataset:
GA Code § 47-3-40 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|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

 All of 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. 1943, p. 640, § 8; Ga. L. 1962, p. 723, § 1.)   OPINIONS OF THE ATTORNEY GENERAL   County and state contribute to teacher retirement fund of dual agent.   - If the county pays any part of the county agent's salary, even though the agent is assigned to the county by the agricultural (cooperative) extension service of the university, the county agent would be the employee of the university system and of the county, and, under the terms of Ga. L. 1943, p. 640 (see O.C.G.A. Ch. 3, T. 47), the university system and the county would both be required to contribute to the reserve fund from which teacher retirement benefits are paid. 1948-49 Op. Att'y Gen. p. 528.
GA Code § 47-3-41.1 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-3-41.1. Payment of Employee Contributions by Employers; Mandatory Nature; Vesting

  Beginning on July 1, 1987, each employer shall pay to the board of trustees on behalf and to the credit of each member required to make employee contributions under subsection (a) of Code Section 47-3-41, on each and every payroll period, the employee membership contributions specified by said subsection (a) of Code Section 47-3-41 for membership service acquired after June 30, 1987.   Employee contributions made by employers on behalf of members as provided in subsection (a) of this Code section shall be treated as employer contributions in determining federal tax treatment under the United States Internal Revenue Code; provided, however, employers shall continue to withhold federal income taxes on the basis of such contributions until the Internal Revenue Service or the federal courts rule that, pursuant to Section 414(h) of the United States Internal Revenue Code, these contributions shall not be included as gross income of the employee until such time as they are distributed or made available.   Each employer may reduce the compensation payable to a member in an amount not exceeding the amount of the employee contribution paid by the employer on behalf of the member as provided in subsection (a) of this Code section. Such reduction in compensation may be made, notwithstanding the fact that the compensation provided by or pursuant to law for the member may be reduced thereby.   Employee contributions made by employers on behalf of members as provided in subsection (a) of this Code section shall be included in the earnable compensation of members in the computation of retirement benefits, and, except for the purposes of subsection (b) of this Code section, such contributions shall continue to be employee contributions for all purposes under this chapter.   The employee contributions provided for in this Code section are mandatory, and no member is entitled under any circumstances to receive such contributions in cash in lieu of having them contributed to the retirement system. Such contributions shall be 100 percent vested for all purposes under the retirement system.   All members shall retain, have, and be subject to all other rights, privileges, obligations, and duties provided for by other provisions of this chapter and such other provisions shall remain of full force and effect with respect to any matter not specifically provided for in this Code section.     (Code 1981, §47-3-41.1, enacted by Ga. L. 1987, p. 959, § 3; Ga. L. 1990, p. 536, § 2; Ga. L. 2010, p. 427, § 6/HB 969.)    The 2010 amendment,  effective May 24, 2010, substituted the present provisions of subsection (e) for the former provisions, which read: "Reserved.".
GA Code § 47-3-44 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-3-44. Crediting to Pension Accumulation Fund; Annual Transfer From Pension Accumulation Fund to Provide Regular Interest

 All interest and dividends earned on the funds of the retirement system shall be credited to the pension accumulation fund. Once each year the board of trustees shall transfer from the pension accumulation fund to the annuity savings fund such amounts as are sufficient to allow regular interest on the balances of the individual accounts of members in the annuity savings fund.   (Ga. L. 1943, p. 640, § 8; Ga. L. 1962, p. 723, §§ 5, 8.)
GA Code § 47-3-45 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 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

 The maintenance of annuity reserves and pension reserves of the retirement system, the crediting of regular interest to the annuity savings fund, and the payment of all pensions, annuities, retirement allowances, refunds, and other benefits granted under this chapter shall be obligations of the pension accumulation fund, provided that the payments of such other benefit do not adversely affect the qualified status of the retirement system under Section 401(a) of the federal Internal Revenue Code. All assets of the pension accumulation fund and all income, interest, and dividends derived from deposits and investments shall be used for the payment of such obligations and for no other purpose.   (Ga. L. 1943, p. 640, § 12; Ga. L. 1962, p. 723, § 10; Ga. L. 2005, p. 535, § 14/HB 460; Ga. L. 2006, p. 93, § 1/SB 466.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1169 et seq.   C.J.S.   - 67 C.J.S., Officers and Public Employees, § 313. 78 C.J.S., Schools and School Districts, §§ 486, 733.
GA Code § 47-3-46 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-3-46. Date on Which Contributions to the Retirement System Are to Commence

 No contributions to the retirement system shall be made by the state, by employers, or by members prior to the commencement date, except the contribution of the state for an expense fund to pay the expenses of setting up and operating the retirement system prior to that date. On January 1, 1945, the board of trustees shall notify all employers and the employers shall notify the members that contributions will commence on that date; and thereupon this chapter with reference to such contributions will go into effect.   (Ga. L. 1943, p. 640, § 8; Ga. L. 1962, p. 723, § 8.)
GA Code § 47-3-47 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-3-47. Purpose of the Expense Fund

 The expense fund shall be the fund to which shall be credited the state funds appropriated to pay the administrative expenses of the retirement system and from which shall be paid all expenses incurred in its administration and operation.   (Ga. L. 1943, p. 640, § 8; Ga. L. 1962, p. 723, § 8.)
GA Code § 47-3-48 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 47-3-48. Certification to Employers of Normal and Accrued Liability Contribution Rates; Estimates by Employers of Contributions for Coming Year; Requests for Appropriations

 Thirty days prior to the time the State Board of Education fixes the minimum schedule of teachers' salaries for the ensuing year, the normal and accrued contribution rates, as determined on the basis of the last annual actuarial valuation, shall be certified by the board of trustees to each employer having members in its employ. Each such employer other than the state shall include in its budget filed with the State School Superintendent amounts equal to the prospective contributions on account of contributing members in its employ for the ensuing year. The Board of Regents of the University System of Georgia in its estimates of the funds necessary for the operation of its respective units, which estimates are submitted to the Governor and General Assembly, shall include a request for an appropriation payable to the board of trustees in an amount equal to the portion of the normal and accrued liability contributions payable from funds of the Board of Regents of the University System of Georgia or from other state funds and for an additional amount as expense for the operation of the retirement system. The General Assembly shall make appropriations to the board of trustees sufficient to provide for such contributions as a part of the earnable compensation of members payable from such funds and for the necessary expenses of carrying out this chapter.   (Ga. L. 1943, p. 640, § 8; Ga. L. 1962, p. 723, § 8; Ga. L. 1986, p. 375, § 2; Ga. L. 1987, p. 146, § 1.)   OPINIONS OF THE ATTORNEY GENERAL   Local boards pay pension costs upon members' "earnable compensation."   - Local boards of education having contributing members in their employ must pay to the board of trustees that part of the "cost for pensions" under the retirement system based upon the part of the "earnable compensation" of members not payable from state teachers' salary funds or other funds of the state. 1970 Op. Att'y Gen. No. 70-38.
GA Code § 47-3-49 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 3 - Employee and Employer Contributions; Creation of Funds for Contributions, Benefits, and Administrative Expenses|§ 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

 This chapter shall become effective on March 19, 1943, but neither the state nor any other employer or member shall be obligated to make contributions for the pensions and annuities under this chapter until after the General Assembly has by appropriation made available funds for the contribution of the state for its part of such pensions and annuities.   (Ga. L. 1943, p. 640, § 14.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1169 et seq.   C.J.S.   - 78 C.J.S., Schools and School Districts, § 486.
GA Code § 47-3-61 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 4 - Membership in the Retirement System|§ 47-3-61. Membership of Persons Who Teach in Both a Public and Private School System; Payment of Employer Contributions for Such Persons

 Reserved. Repealed by Ga. L. 2010, p. 1207, § 42, effective July 1, 2010.   Editor's notes.   - This Code section was based on Ga. L. 1969, p. 227, § 1.   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 § 47-3-62 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 4 - Membership in the Retirement System|§ 47-3-62. Membership of Visiting Teachers and Attendance Officers Employed in Lieu of Visiting Teachers

  Visiting teachers employed under Subpart 2 of Part 1 of Article 16 of Chapter 2 of Title 20 shall have the same status under the retirement system as regular classroom teachers or supervisors whose employment requires that they hold valid certificates issued by authority of the state.   For service rendered after June 30, 1992, attendance officers employed in lieu of visiting teachers, if employed not less than half time, shall be members of the retirement system.    (Ga. L. 1945, p. 343, § 8; Ga. L. 1992, p. 2182, § 2.)   RESEARCH REFERENCES   C.J.S.   - 78A C.J.S., Schools and School Districts, § 1027 et seq.
GA Code § 47-3-64 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 4 - Membership in the Retirement System|§ 47-3-64. Public School Teachers and Employees Who Are Covered by Local Retirement Fund and Who Accept Employment With Private Nonsectarian Schools Eligible for State Grants

 Reserved. Repealed by Ga. L. 2005, p. 504, § 1/HB 373, effective July 1, 2005.   Editor's notes.   - This Code section was based on Ga. L. 1957, p. 8, § 1; Ga. L. 1982, p. 3, § 47.
GA Code § 47-3-80 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 5 - Service Creditable Toward Retirement Benefits|§ 47-3-80. Power of the Board of Trustees to Determine Which Service Is Creditable Service

 The board of trustees shall fix and determine by appropriate rules and regulations how much service in any year is equivalent to one year of creditable service, but in no case shall more than one year of service be creditable for all service in one calendar year. Service rendered for a regular school year shall be equivalent to one year of creditable service.   (Ga. L. 1943, p. 640, § 4.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1192 et seq.   C.J.S.   - 78 C.J.S., Schools and School Districts, § 492 et seq.
GA Code § 47-3-82 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 5 - Service Creditable Toward Retirement Benefits|§ 47-3-82. Reestablishment of Creditable Service by Persons Who Have Withdrawn Their Contributions

  Subject to the additional requirements of subsections (b) and (c) of this Code section, a member who has withdrawn accumulated contributions from the retirement system pursuant to the provisions of Code Section 47-3-128 may reestablish the creditable service represented by the withdrawn contributions by paying to the board of trustees a sum equal to the amount of accumulated contributions which were withdrawn plus applicable accrued regular interest for each year or portion thereof which elapsed from the time of such withdrawal of contributions to the date of such payment.   A member must complete a minimum number of years of service as a contributing member of the retirement system before becoming eligible to reestablish creditable service under subsection (a) of this Code section as follows:   When accumulated contributions have been withdrawn not more than three times, the minimum shall be three years;   When accumulated contributions have been withdrawn not more than four times, the minimum shall be five years; and   When accumulated contributions have been withdrawn five or more times, the minimum shall be ten years.     The regular interest rate provided for in subsection (a) of this Code section shall be increased 2 percent for each withdrawal of accumulated contributions exceeding three such withdrawals.   A member may establish a portion of the creditable service represented by all of the member's withdrawn contributions by paying to the board of trustees a pro rata amount based upon the total accumulated contributions withdrawn plus interest in accordance with rules adopted by the board of trustees and subject to the provisions of subsections (a), (b), and (c) of this Code section.    (Ga. L. 1980, p. 828, § 1; Ga. L. 1988, p. 346, § 1; Ga. L. 1990, p. 529, § 1; Ga. L. 1992, p. 1347, § 1.)
GA Code § 47-3-84 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 5 - Service Creditable Toward Retirement Benefits|§ 47-3-84. Credit for Service Rendered by Members Who Have Breaks in Membership; Payments Required to Obtain Such Credit

 Any provision of this chapter to the contrary notwithstanding, any teacher shall be entitled to have all teaching service included in computing creditable service, notwithstanding breaks in membership of more than four years, provided that such teacher pays into the retirement system an amount equal to the minimum required for continuous members, plus regular interest that would have accrued on such contributions during periods of nonmembership. No member shall receive credit for teaching service if contributions were not made during the teaching service or have not later been contributed with interest that would have accrued on such contributions, provided that after three years' membership service a member may reestablish previous credits by paying into the retirement system, prior to retirement, contributions equal to 10 percent of such compensation as he received during those years and for which he desires to establish previous credit, plus regular interest that would have accrued on such contributions.   (Ga. L. 1957, p. 462, § 1; Ga. L. 1959, p. 319, § 2; Ga. L. 1966, p. 564, § 1; Ga. L. 1972, p. 414, § 1; Ga. L. 1979, p. 1007, § 2.)   OPINIONS OF THE ATTORNEY GENERAL    Principal purpose of this statute appears to be to enable the teacher who is again employed in a position under the retirement system following a break in service to regain credit for the teacher's prior teaching service which was thus lost. 1957 Op. Att'y Gen. p. 230 (see O.C.G.A. § 47-3-84).    Workers' compensation benefits cannot be included as earnable compensation  for purpose of computing retirement benefits. 1980 Op. Att'y Gen. No. 80-134.   Previous service credit for employees of Georgia Association of Educators.    - An employee of the Georgia Association of Educators (GAE) who is still a member of the Teachers Retirement System can establish credit for prior teaching service, but cannot establish credit for service as a GAE employee rendered prior to a request for membership made under O.C.G.A. § 47-3-1(28). 1986 Op. Att'y Gen. No. 86-42.
GA Code § 47-3-84.1 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 5 - Service Creditable Toward Retirement Benefits|§ 47-3-84.1. Certain Former Members of the System Who Have Not Withdrawn Contributions

  Any former member of the retirement system who is not a beneficiary of the retirement system on July 1, 1986, who completed at least ten consecutive years of membership service during a period beginning not earlier than January 1, 1954, and ending not later than January 1, 1966, who has not withdrawn from the retirement system employee contributions which were made during such consecutive years of membership service, and who is at least 60 years of age as of July 1, 1986, shall have the right to:   Obtain credit for service rendered at any time prior to January 1, 1954, as a teacher in Georgia public school systems upon providing verification of such teaching service to the board of trustees and upon paying to the board of trustees employee and employer contributions plus applicable accrued regular interest for such prior teaching service based on compensation actually received for such prior teaching service;   Obtain credit for up to five years of service rendered at any time prior to January 1, 1945, for teaching in public school systems of other states upon providing verification of such out-of-state teaching service to the board of trustees and upon paying to the board of trustees employee and employer contributions plus applicable accrued regular interest for such service based on compensation actually received for such out-of-state teaching service, provided such former member is not entitled to receive any pension or annuity from any other state or from any political subdivision of this or any other state based on such service; and   Apply to the board of trustees at any time between July 1, 1986, and January 1, 1987, to obtain any portion or all eligible creditable service provided for by paragraph (1) or (2) or paragraphs (1) and (2) of this subsection and to receive a retirement benefit based on the combined total of creditable service so obtained plus the years of membership service for which employee contributions have not been withdrawn; or   Apply to the board of trustees at any time between July 1, 1986, and January 1, 1987, to reestablish active membership in the retirement system only for the purpose of retiring on the basis of membership service for which employee contributions have not been withdrawn without the necessity of the payment of any additional employee contributions.     The board of trustees shall begin making retirement benefit payments to a former member of the retirement system who qualifies therefor pursuant to subsection (a) of this Code section on the first day of the month within 30 days after such former member so qualifies.     (Code 1981, §47-3-84.1, enacted by Ga. L. 1986, p. 1531, § 1.)
GA Code § 47-3-84.2 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 5 - Service Creditable Toward Retirement Benefits|§ 47-3-84.2. Credit for Service by Members Described in Subparagraphs (N) and (P) of Paragraph (28) of Code Section 47-3-1

 Repealed by Ga. L. 2013, p. 862, § 2/HB 345, effective July 1, 2013.   Editor's notes.   - This Code section was based on Code 1981, § 47-3-84.2, enacted by Ga. L. 1990, p. 685, § 2; Ga. L. 1991, p. 130, § 1.
GA Code § 47-3-87 (2021)
2021 Georgia Code|Title 47 - Retirement and Pensions|Chapter 3 - Teachers Retirement System of Georgia|Article 5 - Service Creditable Toward Retirement Benefits|§ 47-3-87. Accumulated Contributions for Prior Service; Local Retirement Fund Service Included; Determination of Earnable Compensation Received During Prior Service

 Reserved. Repealed by Ga. L. 2010, p. 1207, § 46, effective July 1, 2010.   Editor's notes.   - This Code section was based on Ga. L. 1943, p. 640, § 4; Ga. L. 1962, p. 723, § 13.   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."