§ 3-13c-10

3-13C-10 . Class D members vested--Contributions not required--Participation ceases. All Class D members of the South Dakota Retirement System as of July 1, 2020, are considered vested. No contributions by Class D members are required on or after January 1, 1990. A participant, whether active or inactive, shall cease to be a participant on the earlier of the following: (1) The date of the participant's death; or (2) The date the participant receives a single sum distribution in lieu of all of the benefits under the plan. An inactive participant shall also cease to be a participant on the earliest date on which the participant is not entitled to a deferred monthly income. Source: SL 2020, ch 13, § 17.