{"data":{"id":"us-sd/sdcl-9-16-5.1","jurisdiction":"us-sd","citation":"SDCL § 9-16-5.1","heading":"Contributions to system--Amount required.","body":"Total contributions in each year to a retirement system subject to this chapter shall be sufficient to fund the following:\n(1) The administrative cost of the plan during the year;\n(2) The actuarially determined cost of future benefits accruing to members during the year; and\n(3) An amount sufficient to amortize any unfunded liability of the system over a period not to exceed forty years on the basis of reasonable and generally accepted actuarial assumptions.","path":["TITLE 9. MUNICIPAL GOVERNMENT","CHAPTER 9-16. CITY RETIREMENT SYSTEMS AND PENSIONS"],"source_url":"https://sdlegislature.gov/Statutes/9-16-5.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"e4d11549fe238a92916773f778db79967171a96d1f8cacebce409280fe5816c3","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-9-16-5","next":"us-sd/sdcl-9-16-5.2"},"notice":"GroundRules: Original legal text. Not legal advice."}