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

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:16:15:15 - Normal form of pension benefits

The normal form of pension benefits is a life annuity, payable monthly, commencing on the employee's retirement date and continuing to the last monthly payment for the month in which the pensioner dies.

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

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.