S.D. Admin. R. 20:16:15:32

Current through Register Vol. 51, page 57, November 12, 2024

Section 20:16:15:32 - Improvement factor

The benefits described in this chapter shall be increased by an amount equal to two percent of the initial benefit amount, not compounded, for each year commencing on the July 1 that is at least 12 months following the date on which the benefit was first payable.

S.D. Admin. R. 20:16:15:32

28 SDR 109, effective 2/11/2002; 36 SDR 207, effective 7/1/2010; 40 SDR 197, effective 5/27/2014; 45 SDR 142, effective 7/1/2019

General Authority: SDCL 3-12C-1647.

Law Implemented: SDCL 3-12C-1643, 3-12C-1644.