3-12C-1211. Effective date of retirement benefit of generational member--Last payment.Unless a generational member's required beginning date for retirement occurs first, the retirement benefit of a generational member is effective in accordance with whichever of the following is last:(1)The first day of the month following the date on which the member's contributory service terminated;(2)The first day of the month following an intervening complete calendar month after the date on which the member's written application for retirement benefits is received by the system; or(3)The first day of the month specified in the member's application for retirement.The last payment of the member's benefit is for the month in which the member's death occurs. Source: SL 2016, ch 32, §12; SDCL §3-12-511; SL 2019, ch 22, §1.
South Dakota Legal Code