Chapter 292-2 PAYMENT OF BENEFICIARIES
Every person eligible under Ga. Laws 1978, p. 1914, et
seq., as amended, shall file with the Georgia State Indemnification
Commission a designation of the person who is to be their beneficiary under Ga.
Laws 1978, p. 1914, et seq., as amended. The application shall be
made on forms supplied by the Commission and shall be sent to the Commission
via the Georgia Department of Administrative Services, Atlanta, Georgia. The
designated beneficiary in the case of a law enforcement officer, fireman, or
prison guard permanently disabled in the line of duty shall be the disabled
officer, fireman, or guard.
| (a) |
In the case of
permanent disability, the emergency medical technician, firefighter, law
enforcement officer, prison guard, or emergency management rescue specialist
eligible for indemnification pursuant to O.C.G.A. 45-9-80et seq. may elect
payment of $75,000.00 in equal installments over a period of five years or a
payment in lump sum which shall consist of $75,000.00 reduced to its present
value upon the basis of interest calculated at the rate of 6 percent per
annum. |
| (b) |
In the case of death,
payment shall be made to the estate of the emergency medical technician,
firefighter, law enforcement officer, prison guard, or emergency management
rescue specialist eligible for indemnification pursuant to O.C.G.A. 45-9-80et seq. as follows: the executor or administrator may elect payment of $75,000.00
in equal installments over a period of five years or a payment in lump sum
which shall consist of $75,000.00 reduced to its present value upon the basis
of interest calculated at the rate of 6 percent per annum. |
| (c) |
In the case of supplemental temporary
disability compensation payable to a law enforcement officer or firefighter
pursuant to O.C.G.A. 45-9-101et seq., payment shall be made in monthly
payments to the law enforcement officer or firefighter so that after accounting
for payment of other benefits as set forth in O.C.G.A. 45-9-103(c), the law
enforcement officer or firefighter receives an amount that equals his or her
monthly gross salary (minus deductions for state income tax, withholding and
FICA tax withholding) which was in effect prior to the date the law enforcement
officer or firefighter was injured in the line of duty. |
Once a beneficiary is designated or a method of payment
selected, such designation or selection may only be changed by filing another
properly executed form, to be provided by the Commission, with the Commission
via the Georgia Department of Administrative Services, Atlanta, Georgia. No
such change shall be effective until received by the Commission. If a
beneficiary is not designated, payment shall be made to the estate; and if the
method of payment is not designated, payment shall be made in lump
sum.
