SDCL § 3-12C-701: Benefits only payable monthly--Lump-sum payments prohibited unless specified.
Where this section sits in the code
- TITLE 3. PUBLIC OFFICERS AND EMPLOYEES
- 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