Section 3-12A-19 - Employer contributions to system--Crediting and disbursement. - South Dakota Statutes

3-12A-19. Employer contributions to system--Crediting and disbursement. The State of South Dakota shall either make a monthly contribution to the system or otherwise provide for the amount necessary to make payment to the system for the full single rate monthly health insurance premium for each public employee. This amount shall be transmitted to the account of the public employees insurance system in the Office of the State Treasurer. The state treasurer, after making a record of the receipts, shall credit the insurance system with an amount equal to that remitted or otherwise provided. After the contribution has been assigned to the insurance system, the Bureau of Personnel shall disburse the contribution in accordance with the provisions of this chapter and the rules promulgated by the Bureau of Personnel.

Source: SL 1972, ch 23, § 11; SL 1973, ch 28, § 2; SL 1988, ch 34, § 18; SL 1989, ch 40, § 7; SL 1989, ch 41; SL 2010, ch 19, § 88.