<html> <head> <title>Rule 62:01:07:09 Lump-sum payments subsequent to annuity payments.</title> <META NAME="Keywords" Content="Administrative Rules 62:01:07:09"> <META NAME="Description" Content="Administrative Rules 62:01:07:09 Lump-sum payments subsequent to annuity payments."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 15 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Times; panose-1:2 2 6 3 5 4 5 2 3 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:10.0pt; font-family:"Times",serif;} a:link, span.MsoHyperlink {color:blue; text-decoration:underline;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline;} .MsoChpDefault {font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US link=blue vlink=purple> <div class=WordSection1> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>62:01:07:09.&nbsp;&nbsp;Lump-sum payments subsequent to annuity payments.</b> No member may withdraw accumulated contributions pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=3-12">3-12</A></span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>-6</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>02</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'> if more than one annuity payment has been made to the member pursuant to SDCL 3-12</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>-</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>601</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>, 3-12</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>-</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>805</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>, 3-12</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>-</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>808</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>, 3-12</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>-</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>1106</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>, 3-12</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>-</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>1107</span><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>, or 3-12</span><span style='font-size: 12.0pt;font-family:"Times New Roman",serif'>C</span><span style='font-size: 12.0pt;font-family:"Times New Roman",serif'>-</span><span style='font-size: 12.0pt;font-family:"Times New Roman",serif'>1</span><span style='font-size: 12.0pt;font-family:"Times New Roman",serif'>10</span><span style='font-size: 12.0pt;font-family:"Times New Roman",serif'>8</span><span style='font-size: 12.0pt;font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>&nbsp;</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 33 SDR 212, effective June 4, 2007; 45 SDR 142, effective July 1, 2019.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=3-12">3-12</A></span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>-</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>211</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=3-12">3-12</A></span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>C</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>-6</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>02</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>.</span></p> <p class=MsoNormal style='text-align:justify'><span style='font-size:12.0pt; font-family:"Times New Roman",serif'>&nbsp;</span></p> </div> </body> </html>