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37 chapters · 772 sections in this title.
SDCL § 3-13-100 Automatic enrollment--Initial deferrals--Election to not participate--Refund--Effect
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Upon initially becoming an automatic enrollee, twenty-five dollars per month must be deferred to the plan from the compensation of an automatic enrollee, unless the automatic enrollee elects not to participate in the plan within ninety days after the automatic enrollee's first pa…
SDCL § 3-13-101 Automatic enrollment--Automatic escalation--Circumstances for no escalation
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Beginning in 2016 and each year thereafter, automatic escalation for an automatic enrollee means an additional ten dollars per month must be deferred to the plan from the compensation of an automatic enrollee of an automatic enrollment unit that elected automatic escalation or be…
SDCL § 3-13-102 Automatic enrollment--Contract
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Automatic enrollment, pursuant to § 3-13-98 , is deemed a contract to participate, and to defer the amount specified in § 3-13-100 or revised by § 3-13-101 , or specified by the enrollee, until the automatic enrollee chooses to withdraw from the plan. Source: SL 2025, ch 27 , § 1…
SDCL § 3-13-103 Automatic enrollment--Qualified default investment alternative--Secondary alternative--Liability
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The deferred compensation of an automatic enrollee must be deposited in a qualified default investment alternative selected by the state investment officer pursuant to § 3-13-51.1 , unless the automatic enrollee affirmatively selects another investment alternative within the plan…
