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Statutes > Georgia Statutes > TITLE 47 - RETIREMENT AND PENSIONS > CHAPTER 4 - PUBLIC SCHOOL EMPLOYEES RETIREMENT SYSTEM > ARTICLE 2 - CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM

ARTICLE 2 - CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM

  • § 47-4-20 - Creation and administration of the retirement system; corporate powers and privileges; rights in actions; name under which retirement system business shall be transacted
  • § 47-4-21 - Creation and administration of the retirement fund
  • § 47-4-22 - Membership of the board; expenses and per diem; quorum for the transaction of business; chairman, secretary, and treasurer of the board
  • § 47-4-23 - Exemption of members of the board from liability for their acts, omissions, and conduct; indemnification of members of the board
  • § 47-4-24 - Legal adviser of the board
  • § 47-4-25 - Powers and duties of the board
  • § 47-4-26 - Power of board over funds; special account for deposit of funds and payment of benefits and expenses; investment powers; power to employ agents
  • § 47-4-27 - Power of board to take, hold, and invest any gift, grant, or bequest
  • § 47-4-28 - Duty of board to keep records of accounts in granting benefits and records of the operations of the board; annual financial statement to the General Assembly
  • § 47-4-29 - Appropriations for employer contributions; creation of an expense fund; payment prior to commencement date of employer contributions and expenses of retirement system
  • § 47-4-30 - Plan year designated




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