{"data":{"id":"us-sd/sdcl-3-13-56.5","jurisdiction":"us-sd","citation":"SDCL § 3-13-56.5","heading":"Maximum deferral.","body":"Except as provided for in §§ 3-13-65 and 3-13-66, a participant may not defer more in any plan year than the lesser of:\n(1) The applicable dollar amount associated with a particular year pursuant to § 457(e)(15)(A) of the Internal Revenue Code, as indexed after 2006 pursuant to § 457(e)(15)(B) of the Internal Revenue Code; or\n(2) One hundred percent of the participant's includible compensation.","path":["TITLE 3. PUBLIC OFFICERS AND EMPLOYEES","CHAPTER 3-13. DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES"],"source_url":"https://sdlegislature.gov/Statutes/3-13-56.5","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"2557094fbc176536a835e4c0e07d104a7449c5cc346d36c169e5aae755cc035b","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-3-13-56.4","next":"us-sd/sdcl-3-13-56.6"},"notice":"GroundRules: Original legal text. Not legal advice."}