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

SDCL § 3-13A-10: Lump-sum distribution to participant.

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Where this section sits in the code
  1. TITLE 3. PUBLIC OFFICERS AND EMPLOYEES
  2. CHAPTER 3-13A. SOUTH DAKOTA SPECIAL PAY RETIREMENT PROGRAM

A participant who elects an immediate total lump-sum distribution from the program shall be guaranteed payment of the entire amount of the participant's special pay, plus any earnings, and less any mandatory income tax withholding and fees established by the board, within a period that is not longer than is reasonable from the date the participant's funds were received by the program on behalf of the participant.

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

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