S.D. Admin. R. 20:16:18:09
Current through Register Vol. 51, page 67, December 16, 2024
The amount of the early retirement pension shall be determined by calculating the amount of the normal pension to which the employee would be entitled if the employee were age 65 on the effective date of the employee's early retirement pension times the appropriate percentage from the table below:
Years of Credited Service | Age 62 | Age 63 | Age 64 | Age 65 |
Less than 26 | 91% | 94% | 97% | 100% |
26 | 94% | 97% | 100% | 100% |
27 | 97% | 100% | 100% | 100% |
28 and over | 100% | 100% | 100% | 100% |
S.D. Admin. R. 20:16:18:09
General Authority: SDCL 3-12C-1647.
Law Implemented: SDCL 3-12C-1643, 3-12C-1644.