reglab/statecodes huggingface dataset:
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 3 - EMPLOYEE AND EMPLOYER CONTRIBUTIONS; CREATION OFFUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES (§§ 47-3-40 — 47-3-49) › Section 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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 3 - EMPLOYEE AND EMPLOYER CONTRIBUTIONS; CREATION OFFUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES (§§ 47-3-40 — 47-3-49) › Section 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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 3 - EMPLOYEE AND EMPLOYER CONTRIBUTIONS; CREATION OFFUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES (§§ 47-3-40 — 47-3-49) › Section 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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 4 - MEMBERSHIP IN THE RETIREMENT SYSTEM (§§ 47-3-60 — 47-3-68) › Section 47-3-61 - [Repealed] Membership of persons who teach in both a public and private school system; payment of employer contributions for such persons

Repealed and reserved by 2010 Ga. Laws 681,§ 42, eff. 7/1/2010.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 4 - MEMBERSHIP IN THE RETIREMENT SYSTEM (§§ 47-3-60 — 47-3-68) › Section 47-3-62 - Membership of visiting teachers and attendance officers employed in lieu of visiting teachers

(a)
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.
(b)
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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 4 - MEMBERSHIP IN THE RETIREMENT SYSTEM (§§ 47-3-60 — 47-3-68) › Section 47-3-64 - [Repealed] Public school teachers and employees who are covered by local retirement fund and who accept employment with private nonsectarian schools eligible for state grants

Repealed and reserved by 2005 Ga. Laws 88,§ 1, eff. 7/1/2005.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 4 - MEMBERSHIP IN THE RETIREMENT SYSTEM (§§ 47-3-60 — 47-3-68) › Section 47-3-65 - Membership, rights, and benefits in local retirement funds

Except as otherwise provided by paragraph (5) of subsection (e) of Code Section
47-3-60
, teachers in the service of an employer operating a local retirement fund shall not be members of the Teachers Retirement System of Georgia. Such teachers shall make no contributions to this retirement system and shall be eligible for pension benefits under this retirement system only under this Code section. If such a teacher retires under his or her local retirement fund and if at the time of his or her retirement he or she would have been eligible for service retirement under this retirement system had he or she been a member, the board of trustees shall pay from this retirement system to the managing board of the local retirement fund a pension equal to the pension for membership service which would have been payable under this retirement system in respect to the part of his or her earnable compensation payable from state funds if such member had been classified as a member of this retirement system immediately prior to the time of his or her retirement; provided, however, upon service retirement of any teacher who is a member of a local retirement fund, the local retirement fund under which such teacher retired shall receive a service retirement pension on account of his or her service thereunder, in accordance with the provisions of this Code section, which shall consist of:
(1)
A pension equal to the annuity which would have been allowable at age of retirement if such teacher had been a member of this retirement system and had made contributions of 5 percent of his or her earnable compensation payable from state funds, but not to exceed an annuity allowable at age 65, computed on the basis of such contributions as would have been made prior to age 65; and
(2)
If he or she has a prior service certificate in full force and effect, an additional pension equal to the annuity which would have been provided at age of retirement, but not to exceed an annuity which would have been provided at age 65 by three times the amount of his or her prior service accumulations as heretofore defined, with regular interest thereon from time to time in effect from the date of establishment until the date of his or her retirement, but not beyond age 65.
It shall be the duty of the employers operating local retirement funds to report to the board of trustees annually or at such other intervals as shall be set by the board of trustees the earnable compensation paid from state funds of each teacher in their employ who is paid from state funds and such other information as may be needed for establishing the prospective benefit of the member.
Amended by 2010 Ga. Laws 681,§ 43, eff. 7/1/2010.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-82 - Reestablishment of creditable service by persons who have withdrawn their contributions

(a)
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.
(b)
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:
(1)
When accumulated contributions have been withdrawn not more than three times, the minimum shall be three years;
(2)
When accumulated contributions have been withdrawn not more than four times, the minimum shall be five years; and
(3)
When accumulated contributions have been withdrawn five or more times, the minimum shall be ten years.
(c)
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.
(d)
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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-84.1 - Certain former members of the system who have not withdrawn contributions

(a)
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:
(1)
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;
(2)
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
(3)
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
(4)
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.
(b)
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.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-84.2 - [Repealed] Credit for service by members described in subparagraphs (N)

Repealed by 2013 Ga. Laws 272,§ 2, eff. 7/1/2013.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-86 - Issuance of a prior service certificate; evidentiary effect of such certificate; credit for prior service rendered by members who previously elected nonmembership

(a)
Under such rules and regulations as the board of trustees shall adopt, each member who (1) was a teacher at any time during the calendar year 1943, or (2) has taught for at least two years between January 1, 1940, and January 1, 1943, or at least two years from January 1, 1945, to January 1, 1948, or (3) has taught at least one year between January 1, 1945, and January 1, 1948, and has 15 years of service previous to January 1, 1948, shall file a detailed statement of all services rendered by him as a teacher prior to January 1, 1945, for which he claims credit. If any person who would otherwise have qualified under this subsection is on leave in the armed forces of the United States, he shall have until six months after termination of his military service to file a statement of such services.
(b)
Upon verification of such statement of service, the board of trustees shall issue to each such member a prior service certificate certifying to the service prior to January 1, 1945, with which he is credited on the basis of his statement of service and the amount of his prior service accumulations. So long as membership continues, a prior service certificate shall be final and conclusive evidence of such service for retirement purposes, provided that a member may request the board of trustees to modify or correct his prior service certificate within one year of the date of issuance or any previous modification or correction. When membership ceases, such prior service certificate shall become void.
(c)
Any member who is unable to qualify for prior service under subsection (a) of this Code section may qualify for prior service he has rendered in the public schools or University System of Georgia after he has been a contributing member for five years and upon compliance with other requirements of this chapter.
(d)
Any teacher who previously elected not to become a member and signed a nonmembership card to that effect, but who desires to become a member, may receive credit for prior service upon making a contribution equal to 5 percent of all earnable compensation between January 1, 1945, and July 1, 1961, and 6 percent of all earnable compensation after July 1, 1961, plus accrued regular interest on such amounts compounded annually to the date on which the contribution is paid.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-87 - [Repealed] Accumulated contributions for prior service; local retirement fund service included; determination of earnable compensation received during prior service

Repealed and reserved by 2010 Ga. Laws 681,§ 46, eff. 7/1/2010.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-88 - Credit for service rendered to a local school system by persons who became members on or after April 1, 1966; payments required in order to obtain such credit

Any other provision of this or any other law to the contrary notwithstanding, in order for a teacher who becomes a member of the retirement system on or after April 1, 1966, to receive full creditable service for service rendered while a member of a local school system and before he became a member of the retirement system either such teacher, or the local board of education for which such service was rendered, or the local board of education by which the member is currently employed must pay the employee and employer contributions, plus regular interest. The board of trustees shall determine the amount to be paid, provided that in no case shall a member pay more than the total member and employer contributions and regular interest in effect at the time such service was rendered.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-89 - Credit for service rendered in governmentally supported or operated schools other than public schools in Georgia; payments required to obtain credit for such service

(a)
Any member of the retirement system shall be entitled to receive up to ten years of creditable service for teaching service in school systems of other states in the United States, state supported independent school systems of the United States, schools operated by the Bureau of Indian Affairs of the United States Department of the Interior, public school systems of the Virgin Islands, Puerto Rico, Guam, and the District of Columbia, or American dependents' schools, provided that the member has first established five years of membership service credit in the public schools of Georgia or the University System of Georgia; provided, further, that such service credit shall be allowed on the basis of one year of credit for such service for each additional year of membership service in the public schools of Georgia or the University System of Georgia. A teacher desiring to establish credit for such service must pay employee and employer contributions which would have been paid to the retirement system on a salary comparable to his salary for such service, plus the applicable rate of interest, in accordance with regulations adopted by the board of trustees. Such contributions must be paid prior to retirement under this retirement system. For such service rendered prior to January 1, 1945, the rate of employee contributions shall be 5 percent and the rate of employer contributions shall be 6.83 percent. The rate of interest on such contributions shall be the applicable regular interest. No member who receives or who is entitled to receive a pension or annuity from any other state, county, or municipality, or federal retirement program excluding social security, shall receive creditable service for such service. The board of trustees shall promulgate rules and regulations to carry out this Code section.
(b)
Any provisions of this Code section to the contrary notwithstanding, teachers who became members of the retirement system prior to April 1, 1966, shall be permitted to establish credit for a maximum of ten years of service in school systems of other states in the United States that permit retirement credit for teaching service rendered in Georgia public schools, by paying 8 percent of such out-of-state compensation that they received, plus applicable accumulated interest, in accordance with regulations adopted by the board of trustees. Such members may establish credit for one year of out-of-state service for each year of membership service in the public schools of Georgia or the University System of Georgia rendered after the first five years of membership service.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-90 - Absence from employment because of pregnancy

(a)
A member who, prior to March 5, 1976, was employed by a public school system of this state in a capacity specified by subsection (a) of Code Section
20-2-850
may, subject to the limitations of subsection (b) and the requirements of subsection (c) of this Code section, obtain creditable service under the retirement system for any period prior to March 5, 1976, during which the member was absent from employment because of pregnancy.
(b)
No creditable service shall be granted for any part of a period of absence from employment because of pregnancy when the member was on sick leave. The maximum amount of creditable service which may be obtained by a member for any one pregnancy shall be one and one-half months and the maximum amount of creditable service which may be obtained by a member for all pregnancies shall be six months.
(c)
A member who desires to establish creditable service under this Code section must:
(1)
Submit to the board satisfactory evidence of the period of absence from employment which qualifies for creditable service under this Code section; and
(2)
Pay to the board an amount determined by the board to be sufficient to cover the full actuarial cost of granting the creditable service claimed by the member.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-91 - Credit for service for visiting scholars

(a)
As used in this Code section, the term "public college or university" means a college or university or other educational institution which is operated by or is under the control and management of a government or an agency or political subdivision of a government and which depends on government funds as a primary source of financial support.
(b)
Any member who was or is granted a leave of absence from a unit of the University System of Georgia to accept appointment as a visiting scholar to give lectures or teach at a public college or university located inside or outside the United States shall be entitled to obtain creditable service under this chapter for the period of time spent as a visiting scholar, subject to the provisions of subsection (c) of this Code section.
(c)
Any creditable service obtained pursuant to the authority of this Code section shall be subject to the following conditions and requirements:
(1)
No more than two years of creditable service may be obtained under this Code section;
(2)
No member who receives or who is or will become entitled to receive any annuity or pension or retirement benefit from any other source, except social security, shall be eligible to obtain creditable service under this Code section;
(3)
No creditable service obtained under this Code section shall be applied to obtain creditable service under Code Section
47-3-89
, and no person shall be entitled to obtain more than a total of ten years of creditable service pursuant to this Code section and Code Section
47-3-89
; and
(4)
The member must pay employer and employee contributions which would have been paid to the retirement system during the period of time claimed as creditable service based on the member's earnable compensation at the time of making application for creditable service plus regular interest thereon compounded annually from the time the service as a visiting scholar was rendered until the date of payment.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-92 - Absence from employment because of sick leave; creditable service

(a)
For purposes of this Code section, the maximum amount of sick leave which may be accumulated in one year shall be one and one-fourth days per month of actual service. In the event any employer authorizes sick leave in excess of such amount, any such leave used in any year shall be deducted from the maximum amount of leave authorized for that year by this Code section. Nothing in this Code section shall require any employer to grant any certain amount of sick leave.
(b)
Accumulated days of sick leave accrued on, after, or before July 1, 1998, for which a member has not been paid shall constitute creditable service as provided in subsection (c) of this Code section. Such creditable service may be used to qualify for retirement but may not be used to qualify for vesting for benefits. Upon retirement of a member, the employer shall certify to the board of trustees the total amount of that member's sick leave based on leave records. It shall be the duty of each employer to maintain accurate records reflecting sick leave used and accumulated by each employee and to keep such records for at least 50 years.
(c)
(1)
A member shall be given such creditable service, not to exceed one month of creditable service for each 20 days of sick leave, in direct relation to appropriations provided by the General Assembly to fund the provisions of this subsection together with any increase in employer contributions made pursuant to paragraph (2) of this subsection, provided that the member has a minimum of three months of such unused sick leave.
(2)
In order to fund the provisions of this Code section in whole or in part, the board of trustees is authorized, but not required, to increase the amount of employer contribution in direct proportion to the amount shown in the appropriation Acts enacted for such purpose by the General Assembly.
(d)
The board of trustees may adopt rules and regulations, not inconsistent with the provisions of this Code section, to aid in administering and carrying out the provisions of this Code section. The board of trustees is further authorized to adopt rules for awarding creditable service as provided in subsection (c) of this Code section in instances in which accurate records have not been kept based upon statistical experience in instances in which accurate records have been kept.
(e)
The creditable service provided by this Code section shall be available only to persons who retire on or after July 1, 1998.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-93 - Additional creditable service for members with at least 25 years of creditable service

(a)
Any member of this retirement system who has accrued at least 25 years of creditable service may obtain up to an additional three years of creditable service as provided in this Code section. In order to obtain such additional creditable service, the member must:
(1)
Make application to the board of trustees in such manner as the board deems appropriate; and
(2)
Pay to the board of trustees an amount determined by the board of trustees to be sufficient to cover the full actuarial cost of granting the creditable service as provided in this Code section.
Such application and payment must be made in conjunction with and simultaneously with the member's application for retirement. If the application for retirement is withdrawn or denied, the application to purchase creditable service shall be void.
(b)
Upon receipt of an application for additional creditable service, the board of trustees shall certify to the applicant the amount of the payment required by paragraph (2) of subsection (a) of this Code section.
Amended by 2010 Ga. Laws 457,§ 7, eff. 5/24/2010.
Added by 2002 Ga. Laws 747, § 1, eff. 7/1/2002
See 2002 Ga. Laws 747, § 2.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-94 - [Repealed] Credit for service while employed by nonprofit corporation under contract with state agency; requirements

Repealed and reserved by 2010 Ga. Laws 681,§ 47, eff. 7/1/2010.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 5 - SERVICE CREDITABLE TOWARD RETIREMENT BENEFITS (§§ 47-3-80 — 47-3-95) › Section 47-3-95 - Credit for service in private schools

A member who has completed at least five consecutive years of membership service in the public schools of Georgia or the University System of Georgia immediately prior to applying may obtain up to ten years of creditable service for service as a teacher in a private elementary or secondary school or any private college or university located in the state accredited by the Southern Association of Colleges and Schools, the Georgia Accrediting Association, or a nationally recognized accrediting agency by the State Board of Education. Such service credit shall be allowed on the basis of one year of credit for such service for each additional year of membership service in the public schools of Georgia or the University System of Georgia. A member wishing to obtain such creditable service shall provide documentation and pay to the board of trustees such amount as determined by the actuary as necessary to grant such benefit without creating any accrued actuarial liability as to this retirement system.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 6 - RETIREMENT AND ELIGIBILITY FOR RETIREMENT ALLOWANCES (§§ 47-3-100 — 47-3-102) › Section 47-3-100 - Service which is creditable toward a retirement allowance

The retirement allowance of a member shall be based on the membership service rendered or established by him since he last became a member and, if he has a prior service certificate in full force and effect, the amount of the prior service so certified.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 6 - RETIREMENT AND ELIGIBILITY FOR RETIREMENT ALLOWANCES (§§ 47-3-100 — 47-3-102) › Section 47-3-102 - Early retirement after 30 years' service; time for application; payment by member of actuarial cost

(a)
As used in this Code section, the term "school year" means a regular school year which begins during or near September of one year and ends during or near June of the following year.
(b)
Notwithstanding the provisions of subsection (a) of Code Section
47-3-101
, a member employed pursuant to a contract for each school year who will attain 30 years of creditable service by not later than the thirty-first day of December of the ensuing school year shall be eligible to retire effective on the first day of September nearest to the opening date of the ensuing school year on the basis of 30 years of creditable service, subject to the following conditions and requirements:
(1)
The member must apply for early retirement pursuant to the authority of this Code section to the board of trustees, with a copy of such application being sent to the member's employer, by not later than the first day of May immediately preceding the opening date of the ensuing school year; and
(2)
The member must pay to the board of trustees an amount determined by the board of trustees to be sufficient to cover the full actuarial cost of granting early retirement as provided in this Code section.
(c)
The payment required by paragraph (2) of subsection (b) of this Code section shall be based on the compensation of the member which was in effect immediately preceding the opening date of the ensuing school year. For the purposes of determining average compensation in the computation of the retirement benefit under paragraph (2) of subsection (a) and subsection (d) of Code Section
47-3-120
, the two consecutive years of creditable service shall include the period on which the payment required by paragraph (2) of subsection (b) of this Code section is based, and the compensation for such period shall be the same as the compensation used for the determination of such payment.
(d)
The board of trustees shall certify to the applicant the amount of the payment required by paragraph (2) of subsection (b) of this Code section upon receiving an application for early retirement under this Code section. The payment so certified must be paid in full by the applicant to the board prior to the date of retirement under this Code section.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 7 - RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES' BENEFITS (§§ 47-3-120 — 47-3-130) › Section 47-3-125 - Application of increases in retirement benefits to persons who retired pursuant to county, municipal, or local board of education retirement or pension systems

On and after July 1, 1980, and to the extent that the necessary funds are appropriated therefor by the General Assembly, whenever the retirement benefits of beneficiaries under this chapter are increased pursuant to Code Section
47-3-126
, the board of trustees shall make a corresponding increase in the retirement benefits of retired public school teachers who retired prior to July 1, 1978, pursuant to a county, municipal, or local board of education retirement or pension system. Such corresponding increase shall be equivalent to the percentage increase in retirement benefits of beneficiaries under this chapter. For the purposes of this Code section, such retired public school teachers shall be deemed to be members of the retirement system. The board of trustees shall pay directly to each such retired public school teacher the increased retirement benefits provided for in this Code section. Increases in retirement benefits granted on and after July 1, 1980, to such retired public school teachers by a county, municipal, or local board of education retirement or pension system shall not reduce or replace the increase in retirement benefits payable to such retired public school teachers under this Code section. If the General Assembly at any time appropriates some but not all of the funds necessary to fund the increase in retirement benefits under this Code section, then the increased retirement benefit otherwise payable under this Code section shall be reduced pro rata by the board of trustees in accordance with the funds actually appropriated by the General Assembly for such purpose.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 7 - RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES' BENEFITS (§§ 47-3-120 — 47-3-130) › Section 47-3-126 - Postretirement benefit adjustments

The board of trustees is authorized to adopt a method of providing postretirement benefit adjustments for a beneficiary in his postretirement years. Such method of adjustment may result in the adoption by the board of trustees of a method of financing other than that described in paragraphs (1) through (3) of Code Section
47-3-43
and shall be based upon:
(1)
Recommendation of the actuaries for the board of trustees; and
(2)
Maintaining the actuarial soundness of the system.
The board of trustees may specify a minimum age which a beneficiary must have attained in order to be eligible for the postretirement benefit adjustment.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 7 - RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES' BENEFITS (§§ 47-3-120 — 47-3-130) › Section 47-3-126.2 - Postretirement benefit adjustments effective July 1, 1986

(a)
As used in this Code section, the term "beneficiary" shall have the meaning specified in paragraph (7) of Code Section
47-3-1
and shall also mean:
(1)
Any retired teacher who retired pursuant to any county, municipal, or local board of education retirement or pension system;
(2)
The surviving spouse of any retired teacher who retired pursuant to a county, municipal, or local board of education retirement or pension system if such surviving spouse is eligible to receive and is receiving a monthly benefit pursuant to the local retirement or pension system; and
(3)
The surviving spouse of a teacher who was a member of a county, municipal, or local board of education retirement or pension system and who died prior to retirement if such surviving spouse is eligible to receive and is receiving a monthly benefit pursuant to the local retirement or pension system.
(b)
Effective July 1, 1986, the monthly retirement benefit of each beneficiary who was receiving a benefit on July 1, 1981, shall be increased by:
(1)
One dollar for each full year of creditable service which the beneficiary had at the time of retirement; plus
(2)
One dollar for each full year which has elapsed from the date of retirement until July 1, 1981.
(c)
When the postretirement benefit adjustment provided by this Code section has been granted, there shall be no further postretirement benefit adjustments pursuant to the authority of this Code section.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 7 - RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES' BENEFITS (§§ 47-3-120 — 47-3-130) › Section 47-3-126.3 - Postretirement benefit adjustments

(a)
As used in this Code section, the term "beneficiary" shall have the meaning specified in paragraph (7) of Code Section
47-3-1
and shall also mean and include any retired public school teacher who retired pursuant to any county, municipal, or local board of education retirement or pension system.
(b)
Subject to the limitations of subsection (c) of this Code section, effective July 1, 1988, the monthly retirement benefit of each beneficiary shall be increased by a percentage which varies in accordance with the time of retirement as follows:
Time of Retirement
Percentage Increase
Prior to July 1, 1964 ..............................................................
15.0
July 1, 1964, through June 30, 1969 ...................................
13.0
July 1, 1969, through June 30, 1970 ...................................
10.0
July 1, 1970, through June 30, 1971 ...................................
8.0
July 1, 1971, through June 30, 1972 ...................................
7.0
July 1, 1972, through June 30, 1973 ...................................
6.0
July 1, 1973, through June 30, 1974 ...................................
5.5
July 1, 1974, through June 30, 1975 ...................................
5.0
July 1, 1975, through June 30, 1976 ...................................
4.0
July 1, 1976, through June 30, 1977 ...................................
3.5
July 1, 1977, through June 30, 1978 ...................................
3.0
July 1, 1978, through June 30, 1979 ...................................
2.5
July 1, 1979, through June 30, 1980 ...................................
2.0
July 1, 1980, through June 30, 1981 ...................................
1.5
July 1, 1981, through June 30, 1982 ...................................
1.0
July 1, 1982, through June 30, 1983 ...................................
0.5
July 1, 1983, through June 30, 1984 ...................................
0.5
After June 30, 1984 ..............................................................
0.0
(c)
The full percentage increase provided for in subsection (b) of this Code section shall apply only to those beneficiaries who had 20 or more years of creditable service at the time of retirement. For those beneficiaries who had at least ten but less than 20 years of creditable service at the time of retirement, the monthly benefit increase provided for by subsection (b) of this Code section shall be reduced by 5 percent for each year less than 20 years of creditable service. Beneficiaries who had less than ten years of creditable service shall not receive an increase in their monthly retirement benefit under this Code section. No one person's retirement benefit or combination of retirement benefits shall exceed $1,500.00 per month as a result of an increase in the monthly retirement benefit under this Code section.
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 7 - RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES' BENEFITS (§§ 47-3-120 — 47-3-130) › Section 47-3-126.4 - Postretirement benefit for beneficiary

(a)
As used in this Code section, the term "beneficiary" shall have the meaning specified in paragraph (7) of Code Section
47-3-1
.
(b)
Subject to the limitations of subsection (c) of this Code section, effective July 1, 2006, the monthly retirement benefit of each beneficiary shall be increased by a percentage which varies in accordance with the time of retirement as follows:
Time of Retirement
Percentage Increase
Prior to July 1, 1974 ..........................................
10.0
July 1, 1974, through June 30, 1982 ...............
6.0
July 1, 1982, through June 30, 1987 ...............
2.0
After June 30, 1987 ..........................................
0.0
(c)
The full percentage increase provided for in subsection (b) of this Code section shall apply only to those beneficiaries who had 20 or more years of creditable service at the time of retirement. For those beneficiaries who had at least ten but less than 20 years of creditable service at the time of retirement, the monthly benefit increase provided for by subsection (b) of this Code section shall be reduced by 5 percent for each year less than 20 years of creditable service. Beneficiaries who had less than ten years of creditable service shall not receive an increase in their monthly retirement benefit under this Code section.
(d)
Any county, municipal, or local board of education is authorized, but not required, to provide a postretirement benefit increase as provided in this Code section to any teacher who retired under a public retirement system or fund maintained by such county, municipal, or local board of education, provided that:
(1)
The actuary for the fund certifies that such increase would not result in any unfunded accrued liability as to such retirement system; or
(2)
The affected political subdivision appropriates sufficient funds to cover the actuarial cost of granting such benefit.
Added by 2006 Ga. Laws 729,§ 1, eff. 7/1/2006
2023 CODE OF GEORGIA › Title 47 - RETIREMENT AND PENSIONS (§§ 47-1-1 — 47-25-101) › Chapter 3 - TEACHERS RETIREMENT SYSTEM OF GEORGIA (§§ 47-3-1 — 47-3-142) › Article 7 - RETIREMENT ALLOWANCES, DISABILITY BENEFITS, AND SPOUSES' BENEFITS (§§ 47-3-120 — 47-3-130) › Section 47-3-128 - Payment of accumulated contributions upon request after termination of membership; payment of taxable portion to eligible retirement plan

If a person's membership ceases other than by death or retirement from this retirement system, the amount of his or her accumulated contributions to this retirement system shall be payable to the member upon such person's request after the date the person has terminated employment with a school system, institution of higher learning, or agency covered by this retirement system. The board of trustees shall allow a person requesting such payment of accumulated contributions to elect to have the taxable portion of such payment made directly to an eligible retirement plan as defined in the federal Internal Revenue Code.
Amended by 2005 Ga. Laws 103,§ 15, eff. 7/1/2005.