If the member withdraws the member's accumulated contributions, membership in the system terminates

At the end of the ten-year period, no further interest may be credited with respect to contributions and no further investment return may be credited with respect to any variable retirement account. If the member fails to withdraw the member's accumulated contributions within eleven years following the member's termination, the member shall forfeit all rights to the member's accumulated contributions, variable retirement account, and to any credited service in connection therewith, if the system has made reasonable efforts to notify the member of the member's withdrawal rights and the effect of this section. Source: SL 1972, ch 22 ; SDCL Supp, § 3-12-32; SL 1974, ch 35 , § 35; SL 1984, ch 24 , § 1; SL 1998, ch 15 , § 8; SL 1998, ch 18 , § 2; SL 2016, ch 32 , § 33; SDCL § 3-12-77 ; SL 2019, ch 22 , § 1.