61-6-5. Benefits payable for each week of unemployment--Reduction for wages earned or received during week.
For each individual who is unemployed in any week, as defined in §§61-1-51 to 61-1-54, inclusive, benefits with respect to that week are paid in an amount determined by §61-6-2. A benefit amount that is not a multiple of one dollar, is computed to the next lower multiple of one dollar. However, the benefit paid is reduced by seventy-five percent of the amount by which the wages or earnings exceed twenty-five dollars per week, and no benefit payment is made if the wages or earnings equal or exceed the weekly benefit amount.
Source: SDC 1939, §17.0828 (3) (b) as added by SL 1939, ch 86, §5; SDC 1939, §17.0828 (3) as enacted by SL 1941, ch 83, §7; SL 1943, ch 82, §1; SL 1947, ch 90, §1; SL 1951, ch 97, §1; SL 1953, ch 76, §5; SL 1957, ch 88, §3; SL 1963, ch 122, §2; SL 1979, ch 348, §2A; SL 1983, ch 379, §2; SL 1984, ch 333, §2; SL 1990, ch 414, §1; SDCL §61-6-1; SL 2012, ch 252, §59.