S.D. Admin. R. 62:03:07:01

Current through Register Vol. 51, page 67, December 16, 2024
Section 62:03:07:01 - Automatic enrollment units - Automatic escalation - Decision - Rescission of unit's status - Automatic enrollee's status

Any participating employer may become an automatic enrollment unit. Automatic enrollment includes automatic escalation for any participating employer becoming an automatic enrollment unit after June 30, 2015. The decision to become an automatic enrollment unit shall be made by the elected official, the appointed official, or the governing body in charge of the participating employer. The participating employer shall become an automatic enrollment unit after notice of the decision has been delivered in writing to the system. An automatic enrollment unit may choose to rescind such status at a later date and may do so by delivering written notice of that decision to the system. However, if such a rescission occurs, the status of any automatic enrollee, including any automatic enrollee with automatic escalation, who was enrolled in the plan is not affected.

S.D. Admin. R. 62:03:07:01

35 SDR 82, effective 10/22/2008; 41 SDR 219, effective 7/1/2015

General Authority: SDCL 3-13-54, 3-13-56.

Law Implemented: SDCL 3-13-56(2),(10).