Statutes > Georgia Statutes > TITLE 47 - RETIREMENT AND PENSIONS > CHAPTER 20 - PUBLIC RETIREMENT SYSTEMS STANDARDS > ARTICLE 2 - MINIMUM FUNDING STANDARDS > § 47-20-13 - Financially sound systems exempt from minimum funding standards

§ 47-20-13 - Financially sound systems exempt from minimum funding standards

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.