S.D. Admin. R. 62:01:09:02

Current through Register Vol. 51, page 62, December 2, 2024

Section 62:01:09:02 - System may pay a single monthly payment

The system may pay the participant's monthly supplemental pension benefit and the participant's monthly retirement benefit in a single payment. However, for all other purposes, each shall be regarded as a separate benefit, including provision of a separate Internal Revenue Service Form 1009-R for each by the system.

S.D. Admin. R. 62:01:09:02

34 SDR 297, effective 6/2/2008; 45 SDR 142, effective 7/1/2019

General Authority: SDCL 3-12C-211.

Law Implemented: SDCL 3-12C-1503.