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CHAPTER 3-13A

SOUTH DAKOTA SPECIAL PAY RETIREMENT PROGRAM

3-13A-1      Special pay retirement program established.
3-13A-2      Definitions.
3-13A-3      Special pay fund.
3-13A-4      Board controls program as fiduciary--Promulgation of rules.
3-13A-5      Transfer of special pay to fund upon termination of employment--Contribution limit.
3-13A-6      Time for transfer of compensation to trust.
3-13A-7      Participant account.
3-13A-8      Vesting of participant account--Forfeiture.
3-13A-9      Investment of funds.
3-13A-10      Lump-sum distribution to participant.
3-13A-11      Investment alternatives--Transfer of account balances by participants.
3-13A-12      Transfer of funds from terminated investment selection.
3-13A-13      Allocation of investment return among participant accounts--Accounting dates.
3-13A-14      Valuation of investment alternatives.
3-13A-15      Beneficiaries of participant's account.
3-13A-16      Payments and benefits under program not assignable or subject to creditors' actions.
3-13A-17      Powers and duties of executive director.
3-13A-18      Election by participating units of retirement system to participate in program--Rescission of participation.
3-13A-19      Trustee-to-trustee transfer of participant's account to government defined-benefit retirement plan.
3-13A-20      Rollover transfer of participant's account.
3-13A-21      Rollover transfer of participant's account in another plan.
3-13A-22      Distribution from participant's account--Forms of distribution--Time for election.
3-13A-23      Date for commencement of annuity distributions--Interest--Distribution after participant's death.
3-13A-24      State investment officer to act as fiduciary--Certain persons prohibited from acting as third-party administrator or vendor.
3-13A-25      Limitation of liability to participants.


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