General Pension (Defined Benefit)

General Pension (Defined Pension)

 

A great benefit of working with the City of Acworth is the ability to participate in the Georgia Municipal Employees Benefit System, or Georgia Peace Officers’ Annuity and Benefit Fund of Georgia. These plans are all defined benefit pension plans. The City of Acworth provides a Defined Benefit Plan for all eligible employees. Benefits are based on earnings, years of service and age at retirement. Employees are eligible for benefits upon the completion of ten (10) years of total credit service. Normal retirement age is sixty-five with ten years of total credit service. Employees are also offered an Alternative Rule of 80. The employees’ combined total credited service and age must equal or exceed this number.