GroundRules
O.C.G.A. § 47-3-126: Postretirement benefit adjustments.
Where this section sits in the code
- TITLE 47 Retirement and Pensions
- CHAPTER 3 Teachers Retirement System of Georgia
- Article 7 Retirement Allowances, Disability Benefits, and Spouses’ Benefits
The board of trustees is authorized to adopt a method of providing postretirement benefit adjustments for a beneficiary in his postretirement years. Such method of adjustment may result in the adoption by the board of trustees of a method of financing other than that described in paragraphs (1) through (3) of Code Section 47-3-43 and shall be based upon:
(1) Recommendation of the actuaries for the board of trustees; and
(2) Maintaining the actuarial soundness of the system.
The board of trustees may specify a minimum age which a beneficiary must have attained in order to be eligible for the postretirement benefit adjustment.
Collected 2026-09-17T19:34:57Z. Source file · JSON