§ 47-23-100. Salary Defined
As used in this article, the term “salary” means: For superior court judges, the earnable monthly compensation from state funds provided by law for judges of the superior courts on the date the member begins receiving a retirement benefit; For district attorneys, the earnable monthly compensation from state funds provided by law for district attorneys […]
§ 47-23-101. Calculation of Benefits Based on Salary After July 1, 1998
For members who become members after July 1, 1998, no portion of any salary, as defined in Code Section 47-23-100, earned after July 1, 1998, which is used to calculate benefits under this retirement system may be used to calculate benefits under any other state or local retirement system or pension plan. History. Code 1981, […]
§ 47-23-102. Vesting; Benefits Upon Retirement; Compliance With Federal Income Tax Laws
The right of a member to receive benefits under this chapter shall vest after the member obtains ten years of creditable service; provided, however, that no member shall receive a retirement benefit prior to attaining the age of 60 years. Except as otherwise provided in Article 2 of Chapter 1 of this title, a member’s […]
§ 47-23-103. Retirement Based on Age; Application to Retire
In lieu of retirement at the benefit level provided by Code Section 47-23-102, a member may retire at any time after attaining the age of 60 years and after obtaining a minimum of ten years of creditable service. The monthly retirement benefit for such early retirement shall be a percentage of the benefit under Code […]
§ 47-23-104. Disability; Determination of Benefits; Determining Disability
After obtaining a minimum of four years of creditable service, any member who becomes totally and permanently disabled to the extent that he or she is unable to perform the duties of his or her office shall be entitled to receive a disability retirement benefit which shall be one-half of the maximum retirement benefits provided […]
§ 47-23-105. Spouses’ Benefits; Ceasing Spouses’ Benefits; Vesting; Designation of Survivors Benefits; Member Who Rejected Survivor’s Benefits May Later Elect Such Benefits by Paying Actuarial Cost; Applicability
Except as otherwise provided by subsection (b) of this Code section, each member of this retirement system shall pay for spouses’ benefits an employee contribution of 2 1/2 percent of the salary paid to such member. Such contribution shall be in addition to that required under Article 5 of this chapter. The employing unit shall […]
§ 47-23-105.1. Modification of Retirement Allowance
The provisions of this Code section shall apply only to persons who become members of this retirement system on or after July 1, 2012. A member may make a one-time election to convert the retirement allowance otherwise payable to him or her into a modified retirement allowance of equivalent actuarial value and designate a natural […]
§ 47-23-106. County Supplement of Salaries
Whenever any county within a judicial circuit supplements the state salary paid to active superior court judges or the district attorney of said circuit, the governing authority of such county shall be authorized, but not required, to supplement the benefit being paid pursuant to this chapter to any retired superior court judge or district attorney […]
§ 47-23-107. Appointing Beneficiary
If there is no surviving spouse or survivor of a member covered by Code Section 47-23-105 or if a member not covered by such Code section dies before retirement, the amount of accumulated contributions made by such member, with regular interest on such amount, shall be paid to his or her named beneficiary, if any, […]
§ 47-23-108. Withdrawal of Funds
Except as otherwise expressly provided in this chapter, if a member ceases to be employed in a covered position, he or she may withdraw the total sum, with 6 percent interest, which he or she has paid into the fund. The member shall not be eligible at any time after such withdrawal to become a […]