There is created a retirement fund, to be known as the “Sheriffs’ Retirement Fund of Georgia,” and a board to administer this fund, to be known as the “Board of Commissioners of the Sheriffs’ Retirement Fund of Georgia.” History. Ga. L. 1963, p. 630, § 1.
The board shall consist of six members as follows: The state treasurer; One former sheriff who is receiving benefits as a retired beneficiary of the fund; and Four persons holding office as sheriffs of Georgia, each of whom shall be active members of the fund and shall have held office as a sheriff for at […]
Three members of the board shall constitute a quorum for the conduct of business by the board. The board shall keep records of all its meetings. History. Ga. L. 1963, p. 630, §§ 2, 3.
All members of the board shall serve without pay but shall be reimbursed for actual expenses incurred in attending meetings and performing the duties required of them as members of the board. History. Ga. L. 1963, p. 630, § 2.
There is created the office of secretary-treasurer of the Board of Commissioners of the Sheriffs’ Retirement Fund of Georgia, who shall be elected and appointed by the board and shall serve at its pleasure. His compensation shall be fixed by the board. He shall have such power and authority and shall perform such duties and […]
The board shall have the power and duty to: Provide for the collection of all moneys; 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 under this chapter and lawful […]
The board shall have control over the funds provided for in this chapter, authority to expend such funds in accordance with this chapter, and authority to invest the funds subject to all terms, conditions, limitations, and restrictions imposed by Article 7 of Chapter 20 of this title, the “Public Retirement Systems Investment Authority Law.” The […]
The board shall keep accurate permanent records of all persons who qualify to participate in the fund and shall keep accurate permanent records of all its accounts in granting retirement benefits and of all payments, disbursements, and investments. It shall also keep proper detailed records of all its acts and operations. The board shall present […]
The state auditor is authorized and directed to make an annual audit of the operations 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 notify the […]
Subject to the terms and limitations of this Code section, the board of commissioners is authorized to adopt from time to time a method or methods of providing for increases in the maximum monthly retirement benefit payable under Article 6 of this chapter for persons theretofore or thereafter retiring under this chapter. Such method shall […]
