GEORGIA CODE (Last Updated: August 20, 2013) |
Title 47. RETIREMENT AND PENSIONS |
Chapter 3. TEACHERS RETIREMENT SYSTEM OF GEORGIA |
Article 3. EMPLOYEE AND EMPLOYER CONTRIBUTIONS; CREATION OF FUNDS FOR CONTRIBUTIONS, BENEFITS, AND ADMINISTRATIVE EXPENSES |
Section 47-3-49. Effective date of chapter; effect of appropriation of funds on the obligation to make employee and employer contributions to the retirement system
Latest version.
- This chapter shall become effective on March 19, 1943, but neither the state nor any other employer or member shall be obligated to make contributions for the pensions and annuities under this chapter until after the General Assembly has by appropriation made available funds for the contribution of the state for its part of such pensions and annuities.
Ga. L. 1943, p. 640, § 14.