Current through the 2024 Legislative Session
Section 3-12C-1634 - Information required of city of MitchellFor purposes of payment of retiree benefits pursuant to § 3-12C-1630 and to calculate the minimum benefit pursuant to § 3-12C-1631, the city of Mitchell shall provide the following information:
(1) Each retired firefighter's benefit as of June 30, 1996, plus that benefits' COLA;(2) Each active or inactive vested firefighter's accrued benefit as of June 30, 1996;(3) Each active firefighter's final average compensation as of June 30, 1996;(4) Each active firefighter's credited service as of June 30, 1996;(5) Each active firefighter's employee contributions, with interest credited thereon, as of June 30, 1996; and(6) The annual rate of salary for a first-class firefighter as of June 30, 1996.SL 1996, ch 28, § 6; SDCL § 3-12-158; SL 2019, ch 22, §1; SL 2021, ch 26, §9.Amended by S.L. 2021, ch. 26,s. 9, eff. 7/1/2021.