S.D. Codified Laws § 3-12C-1616

Current through the 2024 Legislative Session

Section 3-12C-1616 - Rapid City firefighter retirement benefits-Normal retirement age

Upon retirement, each employee described in § 3-12C-1615 shall receive the greater of:

(1) The member's retirement benefit calculated under this chapter; or

(2) The retirement benefit calculated under the municipality of Rapid City firemen pension fund based on credited service up to June 30, 1982, and compensation up to June 30, 1982.

The normal retirement age of each such employee is fifty-five.

SDCL 3-12C-1616

SL 1982, ch 37, § 2; SL 1992, ch 60, § 2; SL 2017, ch 27, §8; SDCL § 3-12-62.3; SL 2019, ch 22, §1.