S.D. Admin. R. 62:03:04:06

Current through Register Vol. 51, page 67, December 16, 2024
Section 62:03:04:06 - Allocation of investment return - Accounting date

The total investment return on any offered investment shall be allocated to the account of each participant based on the proportion the participant's account bears to all other accounts which have been invested in the same investment alternative. Allocations shall be made on each accounting date. The last day of each calendar quarter is an accounting date. The board may provide additional accounting dates.

S.D. Admin. R. 62:03:04:06

14 SDR 57, effective 10/18/1987; 24 SDR 160, effective 5/24/1998.

General Authority: SDCL 3-13-54.

Law Implemented: SDCL 3-13-53, 3-13-54.