Georgia § 47-7-87 Credit for prior eligible service; requirements

Georgia Statutes

§ 47-7-87 — Credit for prior eligible service; requirements

Georgia § 47-7-87

Title47

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Bluebook

O.C.G.A. § 47-7-87 (2026).

Text

(a)As used in this Code section, the term "prior eligible service" means service rendered between July 1, 2006, and June 30, 2014, as a firefighter in part-time employment.

(b)Any member of the fund shall be entitled to credit for prior eligible service, provided that such person satisfies the following requirements:

(1)The member or applicant for membership files with the board on or before September 30, 2014, an application for such credit in the form prescribed by the board; and (2) At the time of application for credit, the member or applicant for membership either:

(A)Pays to the fund for each month of prior eligible service credit sought an amount equal to the contributions that would have been made had the member or applicant been a member and entitled to credit during the perio

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(a) As used in this Code section, the term "prior eligible service" means service rendered between July 1, 2006, and June 30, 2014, as a firefighter in part-time employment. (b) Any member of the fund shall be entitled to credit for prior eligible service, provided that such person satisfies the following requirements: (1) The member or applicant for membership files with the board on or before September 30, 2014, an application for such credit in the form prescribed by the board; and (2) At the time of application for credit, the member or applicant for membership either: (A) Pays to the fund for each month of prior eligible service credit sought an amount equal to the contributions that would have been made had the member or applicant been a member and entitled to credit during the period of prior eligible service, at the monthly contribution rate in effect at the time the application for credit is made, together with interest on such monthly amount from the date on which such contribution would have been made until the date of application for credit at a rate of 12 percent per year; or (B) Presents proof that such contributions were timely paid during such period. (c) Nothing in this Code section shall alter the requirements for membership in the fund or the limitations on membership or benefits of membership which would otherwise apply absent the benefit of prior eligible service credits under this Code section.

Legislative History

Amended by 2014 Ga. Laws 584,§ 2, effective onJuly 1, 2014, only if it is determined to have been concurrently funded as provided in Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Standards Law"; otherwise, this Act shall not become effective and shall be automatically repealed in its entirety onJuly 1, 2014, as required by subsection (a) of Code Section47-20-50.