S.D. Admin. R. 62:01:09:05

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

Section 62:01:09:05 - No increase in value of single premium

For purposes of calculating any beneficiary payment, a participant's single premium does not increase in value during the period of the supplemental pension contract.

S.D. Admin. R. 62:01:09:05

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-101, 3-12C-1506.