South Dakota § 3-12C-306 Election by political subdivision or public corporation to participate in consolidated system.

South Dakota Statutes

§ 3-12C-306 — Election by political subdivision or public corporation to participate in consolidated system.

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

Any political subdivision and any public corporation, including municipalities, counties and chartered governmental units in the State of South Dakota, may become a participating unit by a duly passed resolution of its governing body. Any political subdivision not participating in the system on June 30, 1985, may become a participating unit for only its class A members or only its class B members, or for both classes together. If a political subdivision elects to participate for either one class of members or for both classes, all full-time employees in that class or classes shall become members.

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

Any political subdivision and any public corporation, including municipalities, counties and chartered governmental units in the State of South Dakota, may become a participating unit by a duly passed resolution of its governing body. Any political subdivision not participating in the system on June 30, 1985, may become a participating unit for only its class A members or only its class B members, or for both classes together. If a political subdivision elects to participate for either one class of members or for both classes, all full-time employees in that class or classes shall become members.

South Dakota § 3-12C-306 (Election by political subdivision or public corporation to participate in consolidated system.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1961, ch 255, § 16; SL 1965, ch 220, § 12; SL 1967, ch 303, § 10; SDCL §§ 3-12-36, 9-15-24; SL 1968, ch 216, § 1; SL 1974, ch 35, § 25; SL 1985, ch 25; SDCL § 3-12-67; SL 2019, ch 22, § 1; SL 2021, ch 29, § 12, eff. Apr. 1, 2021.