Georgia Statutes

§ 47-1-83 — Vesting of member's accrued benefit as of date of termination or partial termination of public retirement or pension system

Georgia § 47-1-83

This text of Georgia § 47-1-83 (Vesting of member's accrued benefit as of date of termination or partial termination of public retirement or pension system) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 47-1-83 (2026).

Text

In accordance with subsection (a) of the federal Treasury Regulation Section 1.401-6, in the event of a termination or partial termination of a public retirement or pension system, a member's accrued benefit as of the date of such termination or partial termination, to the extent then funded, shall be nonforfeitable and fully vested under federal Internal Revenue Code requirements.

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Legislative History

Amended by 2014 Ga. Laws 521,§ 2, eff. 7/1/2014. Added by 2009 Ga. Laws 275,§ 8, eff. 5/11/2009.

Nearby Sections

15
§ 47-1-20
Definitions
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Bluebook (online)
Georgia § 47-1-83, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/47-1-83.