20:16:19:24.  Effective date of joint and survivor benefit. The joint and survivor option shall take effect only if the pensioner and pensioner's contingent annuitant are both alive on the date when it is to take effect.

          Source: 28 SDR 109, effective February 11, 2002; 36 SDR 207, effective July 1, 2010; 40 SDR 197, effective May 27, 2014; 45 SDR 142, effective July 1, 2019.

          General Authority: SDCL 3-12C-1647.

          Law Implemented: SDCL 3-12C-1643, 3-12C-1644.