South Dakota § 3-12C-503 Credited service defined--Generational members.

South Dakota Statutes

§ 3-12C-503 — Credited service defined--Generational members.

South Dakota § 3-12C-503

Title 3PUBLIC OFFICERS AND EMPLOYEES

Ch. 3-12BSOUTH DAKOTA RETIREMENT SYSTEM

This text of South Dakota § 3-12C-503 (Credited service defined--Generational members.) 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-503 (2026).

Text

For any generational member, "credited service" means the sum of the following:

(1)Years of service, or fractions thereof, for which a member contribution was made to the system;

(2)Any period of authorized leave of absence or sick leave with pay, for which a deduction for any member contribution was made, deposited, and credited to the fund;

(3)Any period of authorized leave of absence or sick leave without pay or temporary layoff, during or for which a member obtained credit by payments to the fund made in lieu of salary deductions; and (4) Any period during which a member is on an authorized leave of absence to enter military service, if the member fulfills the requirements set forth in § 3-12C-514 .

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For any generational member, "credited service" means the sum of the following: (1) Years of service, or fractions thereof, for which a member contribution was made to the system; (2) Any period of authorized leave of absence or sick leave with pay, for which a deduction for any member contribution was made, deposited, and credited to the fund; (3) Any period of authorized leave of absence or sick leave without pay or temporary layoff, during or for which a member obtained credit by payments to the fund made in lieu of salary deductions; and (4) Any period during which a member is on an authorized leave of absence to enter military service, if the member fulfills the requirements set forth in § 3-12C-514 .