Section 3-13B-1 - State Cement Plant former employee retirement benefits. - South Dakota Statutes

3-13B-1. State Cement Plant former employee retirement benefits. Responsibility for the administration of retirement benefits of former employees of the South Dakota State Cement Plant Commission is hereby transferred to the South Dakota Retirement System. Benefit payments and administrative expenses of the state cement plant retirement plan shall be paid from that plan's member trust fund. No funds for the payment of such benefits or administrative expenses may be transferred from the member trust fund created in chapter 3-12.

Source: SL 2010, ch 32, § 3.