{"data":{"id":"us-sd/sdcl-3-12c-104","jurisdiction":"us-sd","citation":"SDCL § 3-12C-104","heading":"COLA or cost of living adjustment defined.","body":"For purposes of this chapter, \"COLA\" or \"cost of living adjustment\" means the annual increase, if any, as determined by § 3-12C-704, in the amount of the benefit provided on July first, compounded annually. No COLA may be provided unless the member has received benefit payments for at least the consecutive, twelve-month period before July first.","path":["TITLE 3. PUBLIC OFFICERS AND EMPLOYEES","CHAPTER 3-12C. SOUTH DAKOTA RETIREMENT SYSTEM"],"source_url":"https://sdlegislature.gov/Statutes/3-12C-104","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"167e5d9c7e4e7ecba1b98f224bf5ecd316dffd2ba8e676c8a9bdfa230161a0c9","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-3-12c-103","next":"us-sd/sdcl-3-12c-105"},"notice":"GroundRules: Original legal text. Not legal advice."}