Normal retirement benefit for generational members for Class A credited service.

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  5. Normal retirement benefit for generational members for Class A credited service.

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3-12C-1204. Normal retirement benefit for generational members for Class A credited service.

Upon retirement, a generational member shall receive a normal retirement benefit, commencing at normal retirement age or thereafter, for Class A credited service, equal to one and eight-tenths percent of final average compensation for each year of Class A credited service.

Source: SL 2016, ch 32, §6; SDCL §3-12-505; SL 2019, ch 22, §1.


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