Section 3-12-89.1 - Rules regulating maximum annual benefit required. - South Dakota Statutes

3-12-89.1. Rules regulating maximum annual benefit required. Pursuant to chapter 1-26, the board shall adopt rules regulating the maximum annual benefit which may be paid to a member. The rules shall conform to the provisions of § 415 of the Internal Revenue Code as in effect on January 1, 2002.

Source: SL 1984, ch 23, § 6; SL 1996, ch 29, § 2; SL 1997, ch 32, § 2; SL 2002, ch 22, § 3.