2006 South Dakota Code - 3-12-71 — Rate of contributions--Deduction from pay--Employer to make members\'contributions.

             (1)      Class A members five percent of compensation through June 30, 2002, and six percent of compensation after June 30, 2002;

             (2)      Justices, judges, and law-trained magistrates nine percent of compensation;

             (3)      All other Class B members eight percent of compensation.

     The employer shall cause to be deducted on each payroll of a member for each payroll period the contribution payable by the member as provided in this section.

     Contributions required of members by this section shall be made by the participating unit pursuant to the provisions of § 414(h)(2) of the Internal Revenue Code of 1954, as amended and in effect on January 1, 1984. Such contributions shall be classified as member contributions for all purposes under this chapter. A member may not receive the amount of such contributions directly rather than as contributions under this section.

Source: SL 1967, ch 303, § 5; SDCL, §§ 3-12-22, 3-12-23; SL 1968, ch 216, § 1; SL 1974, ch 35, § 29; SL 1977, ch 31, § 5; SL 1982, ch 38; SL 1984, ch 23, § 2; SL 1989, ch 38, § 8; SL 2000, ch 23, § 1.