Accrued Retirement Benefits Are Not Created, Enhanced, or Diminished by This Chapter

  1. Law
  2. Georgia Code
  3. Retirement and Pensions
  4. Public Retirement Systems Standards
  5. Administration
  6. Accrued Retirement Benefits Are Not Created, Enhanced, or Diminished by This Chapter

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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.)


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