GA - GAC
Rules and Regulations of the State of Georgia
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Chapter 292-2 PAYMENT OF BENEFICIARIES

Rule 292-2-.01 Designation 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.

Rule 292-2-.02 Form of Benefits Payments

(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.

Rule 292-2-.03 Change of Beneficiary or Method of Payment

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.