{"data":{"id":"us-sd/sdcl-3-13-93","jurisdiction":"us-sd","citation":"SDCL § 3-13-93","heading":"Correction of errors--Excess deferrals.","body":"If, due to an error, a participant defers more than the permissible amount, the third-party administrator may correct the error by returning the excess deferral to the participant. For any plan year in which a participant makes both pre-tax contributions and designated Roth contributions, any corrective distribution must be taken first from the participant's designated Roth contributions, and then, if required, from the pre-tax contributions. A participant may elect a different method of distribution.","path":["TITLE 3. PUBLIC OFFICERS AND EMPLOYEES","CHAPTER 3-13. DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES"],"source_url":"https://sdlegislature.gov/Statutes/3-13-93","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"31d93d638a005ea059ee962a29240962f7db4f9810202a86483d531e4e02d3ab","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-3-13-92","next":"us-sd/sdcl-3-13-94"},"notice":"GroundRules: Original legal text. Not legal advice."}