Statutes, codes, and regulations
South Dakota Codified Laws
Title 3 - PUBLIC OFFICERS AND EMPLOYEESChapter 12C - SOUTH DAKOTA RETIREMENT SYSTEM
Part 15 - SUPPLEMENTAL PENSION BENEFIT
Section 3-12C-1507 - Contract purchases and benefit payments deemed qualified plan distributed annuity contracts

S.D. Codified Laws § 3-12C-1507

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Current through the 2024 Legislative Session
Section 3-12C-1507 - Contract purchases and benefit payments deemed qualified plan distributed annuity contracts

Supplemental pension contract purchases and supplemental pension benefit payments administered pursuant to the provisions of §§ 3-12C-1501 to 3-12C-1510, inclusive, are considered to be qualified plan distributed annuity contracts under Internal Revenue Service Treasury Regulation 1.402(c)-2.

SDCL 3-12C-1507

SL 2008, ch 24, §8; SL 2016, ch 31, §33; SDCL § 3-12-195; SL 2019, ch 22, §1.