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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 3-12C-701: Benefits only payable monthly--Lump-sum payments prohibited unless specified.

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Where this section sits in the code
  1. TITLE 3. PUBLIC OFFICERS AND EMPLOYEES
  2. CHAPTER 3-12C. SOUTH DAKOTA RETIREMENT SYSTEM

A member in the system may claim the benefits provided for in this chapter only in the form of a monthly benefit payment and only after such time as these benefits are payable. Unless otherwise specifically provided, no member or a former member of the system may receive a lump-sum cash payment in lieu of the normal retirement benefit.

Collected 2026-09-03T15:18:56Z. Source file · JSON

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