S.D. Admin. R. 62:01:08:01

Current through Register Vol. 51, page 71, January 6, 2025

Section 62:01:08:01 - Maximum annual benefit

Annual benefits payable to a member may not exceed the amount provided in § 415(b) of the Internal Revenue Code, as indexed pursuant to § 415(d)(1) of the Internal Revenue Code.

14 SDR 57, effective 10/18/1987; 24 SDR 160, effective 5/24/1998; 28 SDR 111, effective 2/14/2002; 39 SDR 227, effective 7/1/2013; 45 SDR 045, effective 10/8/2018; 45 SDR 142, effective 7/1/2019

General Authority: SDCL 3-12C-711.

Law Implemented: SDCL 3-12C-711.