3-10-7. Transfer of previously owned annuity to payment by public employer.
When a public employee has a tax-sheltered annuity prior to employment by the state or a political subdivision of the state, such employee shall have the privilege of transferring the periodic payments on such an annuity to the current employer.
Source: SL 1963, ch 329.
Structure South Dakota Codified Laws
Title 3 - Public Officers and Employees
Chapter 10 - Voluntary Salary Deductions
Section 3-10-1 - Savings bond purchase programs authorized by public employers.
Section 3-10-2 - Salary deduction authorized by signature of married person or minor.
Section 3-10-4 - Participation in tax-sheltered annuities authorized--Salary deductions.
Section 3-10-5 - Withholding from salary and purchase of annuity--Periodic payments.
Section 3-10-6 - Purchase of life insurance to guarantee retirement annuities.
Section 3-10-7 - Transfer of previously owned annuity to payment by public employer.
Section 3-10-8 - Payroll deductions authorized by officer or employee--Adoption of rules.