513-5-1-.51

Ga. Comp. R. & Regs. r. 513-5-1-.51

Interest Rate for Local System Reimbursing Pensions

Effective Jun 16, 1994Published May 27, 1994O.C.G.A. Secs. 47-3-24, 47-3-26.RULES OF PUBLIC RETIREMENT SYSTEMS

Rule 513-5-1-.51. Interest Rate for Local System Reimbursing Pensions

A rate of 4-1/2% assumed interest will be used in the calculation of reimbursing pensions payable to the four local retirement systems effective June 30, 1975.

Authority: O.C.G.A. Secs. 47-3-24, 47-3-26.

History. Original Rule entitled "Interest Rate for Local System Reimbursing Pensions" adopted. F. May 27, 1994; eff. June 16, 1994.