Georgia § 47-3-128 - Payment of accumulated contributions upon request after termination of membership; payment of taxable portion to eligible retirement plan.
Full text of Georgia Official Code of Georgia Annotated § 47-3-128 — Payment of accumulated contributions upon request after termination of membership; payment of taxable portion to eligible retirement plan., with citation guidance and answers to common questions.
§ 47-3-128. Payment of accumulated contributions upon request after termination of membership; payment of taxable portion to eligible retirement plan.
If a person's membership ceases other than by death or retirement from this retirement system, the amount of his or her accumulated contributions to this retirement system shall be payable to the member upon such person's request after the date the person has terminated employment with a school system, institution of higher learning, or agency covered by this retirement system. The board of trustees shall allow a person requesting such payment of accumulated contributions to elect to have the taxable portion of such payment made directly to an eligible retirement plan as defined in the federal Internal Revenue Code. (Ga. L. 1943, p. 640, § 5; Ga. L. 1964, p. 669, § 2; Ga. L. 1966, p. 513, § 3; Ga. L. 1969, p. 388, § 3; Ga. L. 1971, p. 620, § 2; Ga. L. 1993, p. 732, § 1; Ga. L. 2005, p. 535, § 15/HB 460.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 47-3-128
What does Official Code of Georgia Annotated § 47-3-128 cover?
Section 47-3-128 ("Payment of accumulated contributions upon request after termination of membership; payment of taxable portion to eligible retirement plan.") 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 § 47-3-128?
A common citation format is "Official Code of Georgia Annotated § 47-3-128" (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 § 47-3-128 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.