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§ 3-12C-112 Vested defined

SD Codified L § 3-12C-112 (2019) (N/A)
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3-12C-112. Vested defined. The term, vested, means the right to a retirement benefit from the system based on the provisions of this chapter after three years of contributory service or noncontributory service, even if the member leaves the employment of a participating unit, if the member does not withdraw accumulated contributions.

Source: SL 2019, ch 22, § 8.

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§ 3-12C-112 Vested defined