Ga. Comp. R. & Regs. 513-5-1-.08

Current through Rules and Regulations filed through May 10, 2024
Rule 513-5-1-.08 - Calculation of Average Salary for Retirement

The calculation of average salary for retirement purposes shall allow the use of the salary earned during any twenty-four (24) consecutive months producing the highest such average; not counting any month in which the member normally would be under contract but for which no contributions were reported, provided that additional months would be used only if the member did not have credit for two (2) full years of service for the twenty-four (24) month period.

Ga. Comp. R. & Regs. R. 513-5-1-.08

O.C.G.A. Secs. 47-3-26, 47-3-120.

Original Rule entitled "Calculation of Average Salary for Retirement" effective on May 27, 1981, was filed on December 23, 1985.