South Dakota Statutes

§ 3-12C-1505 — COLA applicable to supplemental pension benefits.

South Dakota § 3-12C-1505
JurisdictionSouth Dakota
Title 3PUBLIC OFFICERS AND EMPLOYEES
Ch. 3-12BSOUTH DAKOTA RETIREMENT SYSTEM

This text of South Dakota § 3-12C-1505 (COLA applicable to supplemental pension benefits.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 3-12C-1505 (2026).

Text

A supplemental pension participant shall receive a COLA applicable to the participant's supplemental pension benefit for each year commencing on the July first following the date on which the benefit was first payable, and equal to the COLA determined under § 3-12C-704 . However, no COLA is payable if the participant has received payments for less than twelve months.

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Legislative History

SL 2008, ch 24, § 6; SL 2010, ch 20, § 15; SL 2016, ch 31, § 31; SL 2017, ch 27, § 32; SDCL § 3-12-193; SL 2019, ch 22, § 1; SL 2021, ch 26, § 8.

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Bluebook (online)
South Dakota § 3-12C-1505, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/3-12C-1505.