Georgia § 47-2-27 Duty of board of trustees to keep data necessary for actuarial valuations; duty to keep records of proceedings; annual report

Georgia Statutes

§ 47-2-27 — Duty of board of trustees to keep data necessary for actuarial valuations; duty to keep records of proceedings; annual report

Georgia § 47-2-27

Title47

This text of Georgia § 47-2-27 (Duty of board of trustees to keep data necessary for actuarial valuations; duty to keep records of proceedings; annual report) 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. § 47-2-27 (2026).

Text

(a)The board of trustees shall keep in convenient form such data as shall be necessary for actuarial valuations of the various funds of the retirement system and for checking the experience of the retirement system.

(b)The board of trustees shall keep a record of all of its proceedings, which record shall be open to public inspection. It shall publish annually a report showing the fiscal transactions of the retirement system for the preceding year, the amount of the accumulated cash and securities of the retirement system, and the last balance sheet showing the financial condition of the retirement system by means of an actuarial valuation of the contingent assets and liabilities of the retirement system.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The board of trustees shall keep in convenient form such data as shall be necessary for actuarial valuations of the various funds of the retirement system and for checking the experience of the retirement system. (b) The board of trustees shall keep a record of all of its proceedings, which record shall be open to public inspection. It shall publish annually a report showing the fiscal transactions of the retirement system for the preceding year, the amount of the accumulated cash and securities of the retirement system, and the last balance sheet showing the financial condition of the retirement system by means of an actuarial valuation of the contingent assets and liabilities of the retirement system.