South Dakota § 3-12C-1210 Irrevocable benefit election by generational members.

South Dakota Statutes

§ 3-12C-1210 — Irrevocable benefit election by generational members.

South Dakota·Title 3 PUBLIC OFFICERS AND EMPLOYEES·Ch. 3-12B SOUTH DAKOTA RETIREMENT SYSTEM

If more than one monthly retirement benefit payment has been made to the generational member, the benefit election made by a member is irrevocable and surviving spouse benefits, if elected, may only be paid to the person who is the spouse both at the time of the election and at the time of the member's death and only if the spouse survives the member. The benefit election may not be rescinded in the event of a subsequent divorce or the subsequent death of the spouse.

Free access — add to your briefcase to read the full text and ask questions with AI

If more than one monthly retirement benefit payment has been made to the generational member, the benefit election made by a member is irrevocable and surviving spouse benefits, if elected, may only be paid to the person who is the spouse both at the time of the election and at the time of the member's death and only if the spouse survives the member. The benefit election may not be rescinded in the event of a subsequent divorce or the subsequent death of the spouse.

South Dakota § 3-12C-1210 (Irrevocable benefit election by generational members.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.