State Codes and Statutes

Statutes > Georgia > Title-47 > Chapter-20 > Article-2 > 47-20-13

O.C.G.A. 47-20-13 (2010)
47-20-13. Financially sound systems exempt from minimum funding standards


The minimum funding standards specified by Code Section 47-20-10 shall not apply to a retirement system which holds actuarial assets in excess of 150 percent of the actuarial present value of the accumulated retirement system benefits.

State Codes and Statutes

Statutes > Georgia > Title-47 > Chapter-20 > Article-2 > 47-20-13

O.C.G.A. 47-20-13 (2010)
47-20-13. Financially sound systems exempt from minimum funding standards


The minimum funding standards specified by Code Section 47-20-10 shall not apply to a retirement system which holds actuarial assets in excess of 150 percent of the actuarial present value of the accumulated retirement system benefits.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-47 > Chapter-20 > Article-2 > 47-20-13

O.C.G.A. 47-20-13 (2010)
47-20-13. Financially sound systems exempt from minimum funding standards


The minimum funding standards specified by Code Section 47-20-10 shall not apply to a retirement system which holds actuarial assets in excess of 150 percent of the actuarial present value of the accumulated retirement system benefits.