Georgia Firefighters' Pension Fund

Georgia Firefighters' Pension Fund

Transfer Form Update

Effective January 1, 2010, Rule 513-7-1-.06, Duty to Report Changes in Employment Status, was implemented to prescribe that if a Transfer Form was not received within 30 days of a change in status, then a loss of pension creditable service would ensue from the time the transfer was effective until the time the report was received in the Pension Office.

The consequences of the rule troubled the Board of Trustees. Strict enforcement of the rule threatened to cost several members substantial creditable service. It was neither the staff’s nor the Board’s intent for that to happen.

After much discussion and consideration the Board voted to suspend enforcement of Rule 513-7-1-.06, pending a revision of the Rule. While we have always "required" a form be submitted within 30 days of a change in status, we have never had a penalty for non-compliance. The Board has charged the staff with providing recommendations for replacing the existing Rule.

Members who have been impacted by this Rule will be contacted and their loss of service reinstated with the repayment of refunded dues.

It is very important for the members to keep the Fund informed of their whereabouts and status. We want to make sure that we have all the tools necessary to detect errors and possible fraud, and to insure that members do receive the pension creditable service they have earned.