South Dakota § 3-13-60 Required minimum distributions--Participant's death before distributions begun.

South Dakota Statutes

§ 3-13-60 — Required minimum distributions--Participant's death before distributions begun.

South Dakota § 3-13-60

Title 3PUBLIC OFFICERS AND EMPLOYEES

Ch. 3-12BDEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES

This text of South Dakota § 3-13-60 (Required minimum distributions--Participant's death before distributions begun.) 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 § 3-13-60 (2026).

Text

If a participant dies before required distribution of the participant's benefits has begun, the participant's interest shall be distributed as follows:

(1)If the participant has a surviving spouse, the surviving spouse shall receive benefits over the life of the surviving spouse beginning as soon as administratively possible and effective the month after the participant's death; or (2) If the participant has no surviving spouse, the participant's remaining interest shall be distributed in a lump sum payment to the designated beneficiary within five years from the date of the participant's death.

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If a participant dies before required distribution of the participant's benefits has begun, the participant's interest shall be distributed as follows: (1) If the participant has a surviving spouse, the surviving spouse shall receive benefits over the life of the surviving spouse beginning as soon as administratively possible and effective the month after the participant's death; or (2) If the participant has no surviving spouse, the participant's remaining interest shall be distributed in a lump sum payment to the designated beneficiary within five years from the date of the participant's death.