Previously granted pensions as obligation of retirement system

All pensions granted by a first or second class municipality prior to the adoption of a retirement system under § 9-16-3 shall become an obligation of the retirement system adopted by said municipality under said section. Source: SL 1949, ch 183 , § 6; SDC Supp 1960, § 45.1204-2; SL 1992, ch 60 , § 2. 9-16-12 to 9-16-19. Repealed by SL 1984, ch 56 , §§ 20 to 27.