Notwithstanding the provisions of §§ 3-13-58 to 3-13-60 , inclusive, or the provisions of United States Treasury regulations, benefit options may continue so long as the option satisfies § 401(a)(9) of the Internal Revenue Code based on a reasonable and good faith interpretation of that section. Source: SL 2021, ch 28 , § 10.
Required minimum distributions--Reasonable and made in good faith
SDCL § 3-13-61 — under DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES.
SDCL § 3-13-61