As used in this chapter, the term:
- “Board of regents” means the Board of Regents of the University System of Georgia.
- “Board of trustees” means the Board of Trustees of the Teachers Retirement System of Georgia.
- “Earnable compensation” means the full rate of regular compensation payable to a participating employee for the employee’s normal working time and includes compensation paid to the employee by an employer from grants or contracts made by outside agencies with the employer.
- “Participating employee” means an eligible university system employee, as defined in Code Section 47-3-68, who elects to participate in the retirement plan provided for in this chapter pursuant to the provisions of said Code Section 47-3-68.
History. Code 1981, § 47-21-2 , enacted by Ga. L. 1990, p. 1811, § 2.