<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 9-16-11 - Previously granted pensions as obligation of retirement system. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2036424Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2036424SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2036424CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2036424Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2036424DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2036424000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2036424SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2036424SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2036424Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-16-11"><span class="s2036424SENU">9-16-11</span></a><span xml:space="preserve" class="s2036424SENU">. </span><span class="s2036424CL">Previously granted pensions as obligation of retirement system.</span></p><p dir="ltr" class="s2036424Normal-000000"><span xml:space="preserve" class="s2036424DefaultParagraphFont">All pensions granted by a first or second class municipality prior to the adoption of a retirement system under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-16-3"><span class="s2036424DefaultParagraphFont">9-16-3</span></a><span xml:space="preserve" class="s2036424DefaultParagraphFont"> shall become an obligation of the retirement system adopted by said municipality under said section.</span></p><p dir="ltr" class="s2036424Normal"><span xml:space="preserve" class="s2036424000001"> </span></p><p dir="ltr" class="s2036424Normal"><span class="s2036424SCL">Source:</span><span xml:space="preserve" class="s2036424SCL-000002"> SL 1949, ch 183, § 6; SDC Supp 1960, § 45.1204-2; SL 1992, ch 60, § 2.</span></p></div></body></html>