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.