§ 47-24-100. Eligibility; Effective Date and Application
Upon the written application to the board, any member of the fund who: Has attained the age of 60 years; Has completed 20 or more years of creditable service, at least 15 of which were service as a member of the Georgia National Guard; Served at least ten consecutive years as a member of the […]
§ 47-24-101. Retirement Allowance — Amount
Upon retirement under subsection (a) of Code Section 47-24-100, the retired member shall receive a monthly service retirement allowance of $50.00 plus an additional $5.00 per month for each year of creditable service over 20 years, up to a maximum monthly benefit of $100.00. History. Code 1981, § 47-24-101 , enacted by Ga. L. 2002, […]
§ 47-24-102. Retirement Allowance — Monthly Payments; Cease After Death
All retirement allowances shall be paid in monthly payments and shall cease in the month in which the death of the member occurs. History. Code 1981, § 47-24-102 , enacted by Ga. L. 2002, p. 1153, § 1. Code Commission notes. Pursuant to Code Section 28-9-5, in 2002, Code Section 47-23-102 as enacted by Ga. […]
§ 47-24-103. Returning to Service; Recalculation of Retirement Allowance After Cessation
If any retired member returns to the service of the Georgia National Guard, his or her retirement allowance shall cease. Upon cessation of such service, the retired member, after proper notification to the board, shall receive a retirement allowance calculated according to the number of years of creditable service the member has accumulated at the […]