There is created a department of the state government to be known as the State Employees’ Assurance Department. The department shall be managed by a board of directors consisting of the state treasurer, the Commissioner of Labor, the state auditor, the commissioner of administrative services, and two members to be appointed by the Governor. History. […]
As used in this Code section, the term “directors” means the board of directors of the State Employees’ Assurance Department. There shall be established two separate trust funds under the control and management of the directors to be maintained for the provision of group term life insurance for eligible members of the Employees’ Retirement System […]
The directors shall serve without compensation but shall be reimbursed for all necessary expenses that they incur through service on the board of directors. History. Ga. L. 1963, p. 521, § 2.
The board of directors shall elect a chairman from its membership and may employ necessary administrative and clerical assistants, who shall not be members of the board of directors. The board of directors shall engage such actuarial and other services as shall be required from time to time to transact the business of the department. […]
Subject to the limitations of this chapter, the board of directors may from time to time establish rules and regulations for the administration of any fund established under this chapter and for the transaction of its business. History. Ga. L. 1963, p. 521, § 7.
The department shall have only the authority granted in this chapter, together with the authority to do those things necessary for the efficient and effective accomplishment of its duties. The department is not required to comply with Title 33. History. Ga. L. 1963, p. 521, § 10.
The department shall keep in convenient form such data as shall be necessary for actuarial valuations of the funds maintained by the department and for checking the experience of its contracts. History. Ga. L. 1963, p. 521, § 6.
The State Employees’ Assurance Department may contract with the Employees’ Retirement System of Georgia to provide group term life insurance for such persons as may be otherwise eligible for such coverage under Chapter 2 of this title. The benefit payments to be paid by reason of the death of an insured shall be made to […]
Any person who has a claim under any contract entered into by this department may bring an action on such contract in the superior court of the plaintiff’s residence. However, as a condition precedent to the filing of the action, the claimant must file with the board of directors a claim in writing outlining his […]
The employees of the department shall be governed by such rules of position classification, appointment, promotion, demotion, dismissal, transfer, qualification, compensation, seniority, privileges, tenure, and other employment standards as may now or hereafter be established under Chapter 20 of Title 45. The department shall pay its share of the administrative costs of operating the state […]
