South Dakota Statutes

§ 3-12C-1807 — Qualified benefit preservation arrangement--Funding.

South Dakota·Title 3 PUBLIC OFFICERS AND EMPLOYEES·Ch. 3-12B SOUTH DAKOTA RETIREMENT SYSTEM
The qualified benefit preservation arrangement is, and shall remain, unfunded within the meaning of federal tax laws, and the rights, if any, of any participant to any benefit under the qualified benefit preservation arrangement are limited to those specified in this part.

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Legislative History

SL 2020, ch 14, § 7.

Nearby Sections

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