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Section 47-12-44 - Transfer of membership and contributions to the Employees' Retirement System of Georgia; payment of additional state contribution upon transfer — Georgia Law | CourtGPT
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  7. Section 47-12-44 - Transfer of membership and contributions to the Employees' Retirement System of Georgia; payment of additional state contribution upon transfer
Georgia Legal Code

Section 47-12-44 - Transfer of membership and contributions to the Employees' Retirement System of Georgia; payment of additional state contribution upon transfer

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The board of trustees shall transfer to the Employees' Retirement System of Georgia all contributions made to the fund by a member who transfers to the Employees' Retirement System of Georgia; and the Prosecuting Attorneys' Council of the State of Georgia is authorized and directed to pay from the funds appropriated or otherwise available an additional amount equal to the 5 percent contribution of such member plus an additional 20 percent of the contribution, so that the state contribution shall be in accordance with the Employees' Retirement System of Georgia.Amended by 2009 Ga. Laws 157,§ 11, eff. 7/1/2010.