Surviving spouse benefit--Retired generational member--Amount of benefit.

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3-12C-1213. Surviving spouse benefit--Retired generational member--Amount of benefit.

Upon the death of a generational member retiree who elected either a sixty percent or one hundred percent joint and survivor benefit, the surviving spouse is eligible to receive a surviving spouse benefit. The amount of the surviving spouse benefit is based on the election made upon the retirement of the member and is payable on a monthly basis to the surviving spouse for the life of the spouse. The surviving spouse benefit is effective the first day of the month following the death of the member and is payable upon the receipt of a completed application.

Source: SL 2016, ch 32, §16; SDCL §3-12-514; SL 2019, ch 22, §1; SL 2020, ch 15, § 5.


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