Any amount transferred to the system from the city of Watertown firemen pension fund, which under the fund was credited to the accounts of individual employees, is considered a member contribution.
S.D. Codified Laws § 3-12C-1628
Moneys from Watertown firemen’s fund--Considered member contributions
Known as the South Dakota Retirement Act
The act spans §§ 3-12C-1001 to 3-12C-907 (298 sections).
Source: SL 1995, ch 19, § 4; SDCL § 3-12-62.13; SL 2019, ch 22, § 1; SL 2025, ch 27, § 65.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.