2014 South Dakota Codified Laws
Title 9 - MUNICIPAL GOVERNMENT
Chapter 16 - City Retirement Systems And Pensions
§ 9-16-5.2 Change of benefits--Restrictions.

SD Codified L § 9-16-5.2 (2014) What's This?

9-16-5.2. Change of benefits--Restrictions. No benefits, present or future, may be changed or modified in any manner unless the system's actuary or actuaries have prepared an actuarial statement showing the effect of those changes on the system. No benefits, present or future, may be changed or modified if the change or modification will bring the system into noncompliance with the provisions of § 9-16-5.1.

Source: SL 1984, ch 56, § 7.

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