Statutes, codes, and regulations
South Dakota Codified Laws
Title 3 - PUBLIC OFFICERS AND EMPLOYEESChapter 12C - SOUTH DAKOTA RETIREMENT SYSTEM
Part 12 - GENERATIONAL MEMBER BENEFITS
Section 3-12C-1205 - Normal retirement benefit for generational members for Class B credited service other than justice, judge, or magistrate judge

S.D. Codified Laws § 3-12C-1205

Download
PDF
Current through the 2024 Legislative Session
Section 3-12C-1205 - Normal retirement benefit for generational members for Class B credited service other than justice, judge, or magistrate judge

Upon retirement, a generational member shall receive a normal retirement benefit, commencing at normal retirement age or thereafter, for Class B credited service other than as a justice, judge, or magistrate judge, equal to two percent of final average compensation for each year of Class B credited service other than as a justice, judge, or magistrate judge.

SDCL 3-12C-1205

SL 2016, ch 32, §7; SDCL § 3-12-506; SL 2019, ch 22, §1.