§ 47-25-84. Total and Permanent Disability
Notwithstanding any other provisions of this chapter to the contrary, a member may retire after completing four years of creditable service if he or she becomes totally and permanently disabled after commencing service as a chief magistrate or as the secretary-treasurer. Any such member shall be entitled to receive retirement benefits in the amount that […]
§ 47-24-24. Accumulation Account
The accumulation account shall be the account in which all reserves for the payment of the part of all retirement allowances and other benefits payable from contributions made by the employer shall be held and from which all retirement allowances payable under the fund and the administrative expenses shall be paid. All interest and dividends […]
§ 47-24-40. Eligibility
All persons who are members of the Georgia National Guard on July 1, 2002, shall become members of the fund as of such date. All other persons shall become members of the fund on first becoming a member of the Georgia National Guard. History. Code 1981, § 47-24-40 , enacted by Ga. L. 2002, p. […]
§ 47-24-60. Employer Contributions Toward Costs Determined and Approved by Board; Rules and Regulations; Contributions Irrevocable
The employer contributions toward the cost of the fund shall be as actuarially determined and approved by the board and, in making such determination, the adjutant general of the state shall supply the board with such information at such times and in such manner as the board shall specify by rules and regulations. The amounts […]
§ 47-24-80. Establishing Creditable Service
The creditable service of a member shall include all established creditable prior service, service as a member of the Georgia National Guard since he or she became a member of the fund, and such other service as may be allowed as creditable service pursuant to this article. History. Code 1981, § 47-24-80 , enacted by […]
§ 47-24-81. Transfer of Service Credits
In addition to the creditable service allowed pursuant to Code Section 47-24-80, any member shall receive creditable service for any past service as a member of the United States Army, Army Reserve, Army National Guard, Navy, Navy Reserve, Marine Corps, Air Force, Air Force Reserve, Air National Guard, or Coast Guard if such service meets […]
§ 47-24-82. Exceptions
Any provision of this article to the contrary notwithstanding, no service which is used to qualify a member for a retirement or pension benefit based on length of service, age, or physical disability from any of the regular components of the United States armed forces shall be used as creditable service under this pension fund. […]
§ 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. […]