For purposes of calculating any beneficiary payment, a participant's single premium does not increase in value during the period of the supplemental pension contract.
S.D. Codified Laws § 3-12C-1505.2
No value increase for single premium
Known as the South Dakota Retirement Act
The act spans §§ 3-12C-1001 to 3-12C-907 (298 sections).
Source: SL 2025, ch 27, § 59.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.