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 62:03:07:02.01 - Members employed by participating employers other than the state before automatic enrollment established

S.D. Admin. R. 62:03:07:02.01

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Current through Register Vol. 51, page 67, December 16, 2024
Section 62:03:07:02.01 - Members employed by participating employers other than the state before automatic enrollment established

An automatic enrollment unit other than the state may elect to automatically enroll the unit's permanent employees who are not contributing to the deferred compensation plan The automatic enrollment unit may elect to commence automatic enrollment for these employees on the January or July immediately after the automatic enrollment unit's decision is delivered in writing to the system as long as notice of the decision is received no later than September 15 for a January start or March 15 for a July start.

S.D. Admin. R. 62:03:07:02.01

SL 2018, ch. 34, §3, effective 7/1/2018; SL 2019, ch (HB 1011), § 13, effective 7/1/2019.

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

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