Any form required under the plan which causes a change on a participant's payroll must be received in the office of the third-party administrator prior to the first of the month in which the change is to become effective, and the participant must notify the participant's employer prior to the last date on which the participant's employer can make payroll changes effective. If a form is filed too late for a change to be made effective for the next following pay period, the change becomes effective in the subsequent pay period.
S.D. Admin. R. 62:03:06:06
General Authority: SDCL 3-13-54.
Law Implemented: SDCL 3-13-54.