Any amount transferred to the system from the cement plant retirement fund pursuant to § 3-12C-1642, which under the cement plant retirement plan was credited to the accounts of individual members, is considered a member contribution.
S.D. Codified Laws § 3-12C-1645
Moneys from cement plant retirement 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 2014, ch 21, § 5, eff
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.