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

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

Section 20:16:15:20 - Limitation on joint and survivor benefit option

The joint and survivor option may not be payable if it would result in a monthly pension of less than $20 to the pensioner or the contingent annuitant.

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

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.