{"data":{"id":"us-sd/sdcl-3-12c-1111","jurisdiction":"us-sd","citation":"SDCL § 3-12C-1111","heading":"Early retirement benefits for foundation members.","body":"Any vested foundation member can retire in the ten years preceding the member's normal retirement age and the retirement benefit shall be reduced by the lesser of the following:\n(1) One-fourth of one percent for each full month which remains between the date of commencement of payments and the date the member will reach the member's normal retirement age; or\n(2) One-fourth of one percent for each full month which remains between the date of commencement of payments and the date the member will reach the member's reduction age.","path":["TITLE 3. PUBLIC OFFICERS AND EMPLOYEES","CHAPTER 3-12C. SOUTH DAKOTA RETIREMENT SYSTEM"],"source_url":"https://sdlegislature.gov/Statutes/3-12C-1111","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"8fd74e91c6ce5495cb4cb2191cfba224ec243d1802121ae88a44f25427f7683b","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-3-12c-1110","next":"us-sd/sdcl-3-12c-1112"},"notice":"GroundRules: Original legal text. Not legal advice."}