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Georgia Code Title 47. Retirement and Pensions § 47-7-120

Current as of March 28, 2024 | Updated by Findlaw Staff

If the moneys provided by this chapter are not sufficient at any time to enable the board to pay each person his benefits in full under this chapter, then those persons entitled to benefits shall be paid an equal amount, which, in the opinion of the board, the fund may provide. In no such event shall the board or any member of the board be liable to any beneficiary for any deficiencies in payments under this chapter.

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Cite this article: FindLaw.com - Georgia Code Title 47. Retirement and Pensions § 47-7-120 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-47-retirement-and-pensions/ga-code-sect-47-7-120/

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