South Dakota § 3-12C-1616 Rapid City firefighter retirement benefits--Normal retirement age.

South Dakota Statutes

§ 3-12C-1616 — Rapid City firefighter retirement benefits--Normal retirement age.

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

Upon retirement, each employee described in § 3-12C-1615 shall receive the greater of:

(1)The member's retirement benefit calculated under this chapter; or (2) The retirement benefit calculated under the municipality of Rapid City firemen pension fund based on credited service up to June 30, 1982, and compensation up to June 30, 1982. The normal retirement age of each such employee is fifty-five.

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Upon retirement, each employee described in § 3-12C-1615 shall receive the greater of: (1) The member's retirement benefit calculated under this chapter; or (2) The retirement benefit calculated under the municipality of Rapid City firemen pension fund based on credited service up to June 30, 1982, and compensation up to June 30, 1982. The normal retirement age of each such employee is fifty-five.

South Dakota § 3-12C-1616 (Rapid City firefighter retirement benefits--Normal retirement age.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.