Statutes, codes, and regulations
South Dakota Administrative Rules
Title 62 - South Dakota Retirement SystemArticle 62:03 - Deferred Compensation Plan
Chapter 62:03:07 - Automatic enrollment
Section 62:03:07:01.01 - Automatic escalation for participating employers that became automatic enrollment units prior to July 1, 2015

S.D. Admin. R. 62:03:07:01.01

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Current through Register Vol. 51, page 67, December 16, 2024
Section 62:03:07:01.01 - Automatic escalation for participating employers that became automatic enrollment units prior to July 1, 2015

A participating employer who became an automatic enrollment unit prior to July 1, 2015, may elect to add automatic escalation for its current and future permanent employees. The decision shall be made by the elected official, the appointed official, or the governing body in charge of the unit and becomes effective after notice of the decision has been delivered in writing to the system.

S.D. Admin. R. 62:03:07:01.01

41 SDR 219, effective 7/1/2015.

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

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