2006 South Dakota Code - 3-12-84.2 — Purchase of permissive service credit allowed--Exception.

     3-12-84.2.   Purchase of permissive service credit allowed--Exception. Notwithstanding the restrictions contained in §§ 3-12-83 and 3-12-84, current contributing members may purchase permissive service credit as defined in and pursuant to the provisions of § 415(n) of the Internal Revenue Code as amended and in effect as of January 1, 2003, except that service for a for-profit entity does not qualify for purchase.

Source: SL 2003, ch 94, § 2.

Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.