Current through 2023-2024 Legislative Session Chapter 709
Section 47-25-80 - Requirements for receiving benefitsIn order for a member to be eligible to receive retirement benefits under this chapter, he or she must have:
(1) Served as a regularly qualified and commissioned chief magistrate or as the secretary-treasurer for at least eight years;(2) Fully complied with this chapter;(3) Terminated his or her official capacity as a chief magistrate or as the secretary-treasurer;(4) Attained the age of 60 years;(5) Filed with the board his or her application for such retirement, on a form to be furnished by the board, within a period of 90 days, or as soon thereafter as possible, after reaching the age of 60 years or after termination of his or her official capacity as a chief magistrate or as the secretary-treasurer, whichever may occur last in point of time; and(6) Had his or her application for retirement approved by the board.Amended by 2014 Ga. Laws 660,§ 5, 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"Public Retirement Systems Standards Law"; otherwise, this Act shall not become effective and shall be automatically repealed in its entirety onJuly 1, 2014, as required by subsection (a) of Code Section 47-20-50.Added by 2006 Ga. Laws 527,§ 1, eff. 7/1/2006.