There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 62-4-7 — Compensation for permanent total disability--Annual increase.
62-4-7. Compensation for permanent total disability--Annual increase. In case of total disability as defined in subdivision 62-4-6(23), compensation shall be paid at the rate provided by § 62-4-3 for life with an annual increase in the amount of the benefit allowance for each year commencing on the July first that is at least twelve months following the date on which the benefit was first payable equal to one hundred percent of the annual percentage change in the consumer price index for urban wage earners and clerical workers as computed by the United States Department of Labor for the prior calendar year, not to exceed a three percent increase compounded annually. For injuries
occurring on or after July 1, 1993, if an employee is entitled to
compensation under this section and is also receiving old-age
insurance benefits under section 202 of the Social Security Act (42
U.S.C., § 402), the compensation payable shall be a sum
equal to one hundred fifty percent of the compensation payable
under § 62-4-7 less the old-age insurance benefit under
§ 202 of the Social Security Act (42 U.S.C.,
§ 402). However, benefits payable by the employer may not
exceed the amount payable pursuant to § 62-4-7. This
section does not apply to any person who is entitled to old-age
insurance benefits at the time of the injury.
Source: SL 1917, ch 376, § 24; RC 1919, § 9459 (6); SL 1919, ch 363, § 5; SL 1921, ch 419, § 2; SDC 1939, § 64.0403 (5); SL 1947, ch 424, § 4; SL 1953, ch 486, § 2; SL 1957, ch 494, § 2; SL 1959, ch 457, § 2; SL 1963, ch 460, § 3; SL 1966, ch 264, § 2; SL 1967, ch 347; SL 1968, ch 269; SL 1970, ch 279; SL 1973, ch 311; SL 1978, ch 370, § 11; SL 1988, ch 417; SL 1993, ch 379, §§ 3, 3A.
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