§ 47-14-20. Creation of the Board of Commissioners of the Superior Court Clerks’ Retirement Fund of Georgia; Membership of the Board; Quorum; Compensation and Expenses

There is created the Board of Commissioners of the Superior Court Clerks’ Retirement Fund of Georgia. The board shall consist of seven members as follows: The Governor or the Governor’s designee; An appointee of the Governor who is not the Attorney General; and Five clerks who shall be members of the fund, provided that at […]

§ 47-14-21. Creation of Office of Secretary-Treasurer; Selection, Compensation, and Powers and Duties; Periodic Reports of Moneys in Hand, Receipts, and Expenditures; Performance Bond

There is created the office of secretary-treasurer of the Superior Court Clerks’ Retirement Fund of Georgia. The secretary-treasurer shall be selected and appointed by the board and shall serve at the pleasure of the board. His compensation shall be fixed by the board. He shall have such power and authority as may be given him […]

§ 47-14-22. Powers and Duties of the Board Generally

The board shall have the power and duty to: Provide for the collection of all moneys in connection with this chapter; Provide for the payment of all administrative expenses; Hear and decide all applications for retirement benefits under this chapter; Provide for the payment of all retirement benefits that may be determined to be due […]

§ 47-14-23. Special Account for Funds; Investment Powers of Board

The board shall have control of the funds provided for in this chapter; and all funds received by the board shall be deposited in a special account to the credit of the Superior Court Clerks’ Retirement Fund of Georgia. Benefits under this chapter and all administrative expenses shall be paid from such funds. The board […]

§ 47-14-24. Gifts, Grants, and Bequests

The board, by gift, grant, or bequest, may take any money, real or personal property, or any other thing of value and may hold or invest the same for the uses and purposes of the fund in accordance with this chapter. History. Ga. L. 1952, p. 238, § 6.

§ 47-14-25. Duty of Board to Keep Records; Presentation of Annual Financial Statement to Clerks’ Group of the County Officers’ Association of Georgia

The board shall keep permanent records of retirement benefits granted and shall keep proper records and books concerning the operation of the board. Each year the board shall present an annual financial statement of the fund at the annual meeting of the Clerks’ Group of the County Officers’ Association of Georgia. History. Ga. L. 1952, […]

§ 47-14-26. Duty of the State Auditor to Make an Annual Audit and Report; Audit Upon Request of the Board or the Governor; Contents of Annual Report

The state auditor is authorized and directed to make an annual audit of the acts and doings of the board and to make a complete report of that audit to the General Assembly. The state auditor shall not be required to distribute copies of the report to the members of the General Assembly but shall […]