State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-16 > Statute-9-16-5-2

9-16-5.2. Change of benefits--Restrictions. No benefits, present or future, may be changed or modified in any manner unless the system's actuary or actuaries have prepared an actuarial statement showing the effect of those changes on the system. No benefits, present or future, may be changed or modified if the change or modification will bring the system into noncompliance with the provisions of § 9-16-5.1.

Source: SL 1984, ch 56, § 7.

State Codes and Statutes

Statutes > South-dakota > Title-9 > Chapter-16 > Statute-9-16-5-2

9-16-5.2. Change of benefits--Restrictions. No benefits, present or future, may be changed or modified in any manner unless the system's actuary or actuaries have prepared an actuarial statement showing the effect of those changes on the system. No benefits, present or future, may be changed or modified if the change or modification will bring the system into noncompliance with the provisions of § 9-16-5.1.

Source: SL 1984, ch 56, § 7.