GEORGIA CODE (Last Updated: August 20, 2013) |
Title 47. RETIREMENT AND PENSIONS |
Chapter 20. PUBLIC RETIREMENT SYSTEMS STANDARDS |
Article 5. ADMINISTRATION |
Section 47-20-51. Accrued retirement benefits are not created, enhanced, or diminished by this chapter
Latest version.
- No provision of this chapter generally and no provision of Code Section 47-20-50 in particular shall:
(1) Create or be construed to create a contractual right to a retirement benefit or a contractual right in the provisions of a retirement system law which does not exist independently of the provisions of this chapter; and
(2) Impair, alter, or diminish or be construed to impair, alter, or diminish a contractual right to a retirement benefit or a contractual right in the provisions of a retirement system law which exists independently of the provisions of this chapter.
Code 1981, § 47-20-51, enacted by Ga. L. 1983, p. 1368, § 1.