Georgia § 47-2-57 - Certification of normal cost and unfunded accrued liability contribution rates to employers; provision in employer's budget for employer contributions.
Full text of Georgia Official Code of Georgia Annotated § 47-2-57 — Certification of normal cost and unfunded accrued liability contribution rates to employers; provision in employer's budget for employer contributions., with citation guidance and answers to common questions.
§ 47-2-57. Certification of normal cost and unfunded accrued liability contribution rates to employers; provision in employer's budget for employer contributions.
On or before June 1 of each year, the normal cost and unfunded accrued liability contribution rates, as determined on the basis of the last actuarial valuation, shall be certified by the board of trustees to the director or chief administrative officer of each employer having members in its employ. Each such employer shall make provision in its annual budget for funds with which to pay to the board of trustees an amount equal to the normal cost contributions and the unfunded accrued liability contributions on the earnable compensation of all contributing members under their administration and for an additional amount as expense for the operation of the retirement system. (Ga. L. 1949, p. 138, § 8; Ga. L. 1973, p. 900, § 10; Ga. L. 2005, p. 535, § 8/HB 460.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 47-2-57
What does Official Code of Georgia Annotated § 47-2-57 cover?
Section 47-2-57 ("Certification of normal cost and unfunded accrued liability contribution rates to employers; provision in employer's budget for employer contributions.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 47-2-57?
A common citation format is "Official Code of Georgia Annotated § 47-2-57" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 47-2-57 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.