In order for a member to be eligible to receive retirement benefits under this chapter, he or she must have: Served as a regularly qualified and commissioned chief magistrate or as the secretary-treasurer for at least eight years; Fully complied with this chapter; Terminated his or her official capacity as a chief magistrate or as […]
Any member who is approved for retirement benefits as provided in Code Section 47-25-80 shall be paid a monthly sum equal to 4 percent of his or her average final monthly compensation for each year served by the member up to, but not exceeding, a total of 20 years; provided, however, that the final annual […]
As used in this Code section, the term “surviving spouse” means the person who was married to a member on the date of the member’s death. Upon the death of any member who is then receiving retirement benefits and upon the surviving spouse of such member attaining 60 years of age, said spouse shall be […]
In lieu of receiving the retirement benefits provided for in Code Sections 47-25-81 and 47-25-82, upon application for retirement, a member may elect in writing on a form to be prescribed by the board to receive: A 100 percent joint life annuity payable during the lives of a member and his or her designated survivor; […]
Any member, after ceasing to serve as a chief magistrate or as the secretary-treasurer and after waiving any right to retirement benefits in writing on a form to be provided by the board, may apply for and be refunded all dues paid, together with 5 percent simple interest per annum from the end of the […]
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 […]
Nothing contained in this chapter shall be construed so as to prevent any person who is a member of the fund from belonging to any other retirement, annuity, or benefit system. History. Code 1981, § 47-25-85 , enacted by Ga. L. 2006, p. 246, § 1/SB 244.
If a retired member becomes employed as a chief magistrate, his or her retirement benefits shall be suspended during the period of time he or she holds such position, and upon cessation of such service, his or her prior retirement allowance shall be resumed. If a retired member becomes employed as a chief magistrate, he […]
