Ga. Comp. R. & Regs. R. 513-5-1-.52 - Interest Rate on Calculations

The interest rate applied to service purchase calculations will be the System's current long-term discount rate of return. Interest rate changes will be effective the first of the month following a four-month period after the Board of Trustees adopts an amended long-term discount rate of return.

Notes

Ga. Comp. R. & Regs. R. 513-5-1-.52
O.C.G.A. Sec. 47-3-26.
Original Rule entitled "Interest Rate of Calculations and Contributions" adopted. F. May 27, 1994; eff. June 16, 1994. Repealed: New Rule entitled "Interest Rate on Calculations" adopted November 16, 2011.

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