§ 47-16-101. Retirement Benefit Options; Failure of Member to Select an Option; Effect of Changes in Retirement Benefits and Options; Change of Option After Receipt of Payments
At the time a member becomes eligible for retirement benefits, he or she shall choose one of three payment options for retirement benefits. The member must indicate his or her choice of payment options upon the application for retirement benefits filed with the secretary-treasurer. Upon approval of the member’s application by the board, such member […]
§ 47-16-102. Death Benefits; Beneficiaries; Procedure for Designation of Beneficiary to Receive Such Benefits
In addition to the retirement benefits provided in this chapter, death benefits shall be paid to members in accordance with the following: If any member of this fund dies before retirement, whether such member is active or inactive, an amount equal to the total amount which has been paid by such member into the fund […]
§ 47-16-103. Right to Withdraw Dues; Effect of Withdrawal on Membership and Benefits
Any member may withdraw the total sum which he has paid into the fund as membership dues at any time before retirement or before he begins to draw retirement benefits. No interest shall be paid on amounts so withdrawn. Membership shall cease upon withdrawal of dues under subsection (a) of this Code section. No person […]
§ 47-16-41. Delayed Application for Membership in the Fund; Credit for Prior Service as a Sheriff, Member of the Armed Forces of the United States, or Peace Officer
Any duly qualified and commissioned sheriff who would be eligible to become a member but for the provisions of paragraph (2) of Code Section 47-16-40 shall be permitted to become a member if he files his application with the secretary-treasurer of the board between June 1, 1969, and June 30, 1969, or within 30 days […]
§ 47-16-120. Vesting of Rights to Benefits Under This Chapter
All rights and benefits under this chapter shall be subject to future legislative change or revision, and no beneficiary shall be deemed to have any vested right to any benefits under this chapter, except for the right of withdrawal and payment to the surviving spouse or the member’s estate of the difference between amounts paid […]
§ 47-16-42. Effect of Membership or Participation in Other Retirement Programs on Membership and Benefits Under This Chapter
Membership in this retirement fund shall not be affected by membership or participation in any other fund or retirement system. There shall be no reduction in benefits predicated solely upon eligibility of the member to benefits from another independent source of retirement or pension. The benefits under this chapter are to be in addition to […]
§ 47-16-121. Reduction of Benefits When Available Funds Are Actuarially Insufficient; Resumption of Payments; Personal Liability of Board for Such Reductions
If the board determines that the funds derived from the sources provided for in this chapter are not actuarially sufficient at any time to enable the board to pay in full each person determined to be entitled to benefits under this chapter and all contingent and other liabilities, then a pro rata percentage of such […]
§ 47-16-43. Requirements for Continued Active Membership in the Fund
In order to retain active membership in the fund, each member must: Continue serving as a sheriff; Pay to the secretary-treasurer membership dues of $45.00 per month. Such payment shall be due on or before the tenth day of the following month until the member has made such payments for a total of 30 years; […]
§ 47-16-122. Exemption of Funds From Attachment, Garnishment, or Judgment; Assignability
None of the funds under this chapter shall be subject to attachment, garnishment, or judgments rendered against the person entitled to receive such funds. Such funds shall not be assignable, but shall be paid to the person determined to be entitled to receive them under this chapter. History. Ga. L. 1963, p. 630, § 20.
§ 47-16-44. Removal From Active Membership Roll; Requirements for Reinstatement to Active Membership; Claim for Credit for Service During Period of Inactive Membership
If a member fails to comply with the requirements of Code Section 47-16-43 for any reason, the board shall remove him from the active membership roll and place him on the inactive or dormant roll. During such time as he may be on the inactive or dormant roll, he shall receive no credit for service […]