Normal retirement benefit for generational members for Class B credited service other than justice, judge, or magistrate judge.

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  5. Normal retirement benefit for generational members for Class B credited service other than justice, judge, or magistrate judge.

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3-12C-1205. Normal retirement benefit for generational members for Class B credited service other than justice, judge, or magistrate judge.

Upon retirement, a generational member shall receive a normal retirement benefit, commencing at normal retirement age or thereafter, for Class B credited service other than as a justice, judge, or magistrate judge, equal to two percent of final average compensation for each year of Class B credited service other than as a justice, judge, or magistrate judge.

Source: SL 2016, ch 32, §7; SDCL §3-12-506; SL 2019, ch 22, §1.


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