20:06:58:35.  Applicable percentage. With respect to a plan or coverage, the applicable percentage described in §§ 20:06:58:34 to 20:06:58:43, inclusive, is:

          (1)  Two percent in the case of the first plan year in which this section is applied to the plan or coverage; and

          (2)  One percent in the case of each subsequent plan year.

          Source: 41 SDR 93, effective December 3, 2014.

          General Authority: SDCL 58-17-87, 58-18-79, 58-18-79(15).

          Law Implemented: SDCL 58-17-87, 58-18-79, 58-18-80.