Annuity distributions date.

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3-13A-23. Annuity distributions date.

A participant who does not take a total lump-sum distribution, transfer funds by rollover pursuant to §3-13A-20, or transfer funds by trustee-to-trustee transfer pursuant to §3-13A-19 may begin annuity distributions by selecting a retirement date, as set out in §3-13A-22. If a participant does not make a selection, the participant's normal retirement date is as defined in subdivision 3-13A-2(6).

Source: SL 2004, ch 43, §22; SDCL, §3-12-186; SL 2005, ch 28, §1; SL 2021, ch 28, § 13.


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