3-13A-19. Trustee-to-trustee transfer of participant's account to government defined-benefit retirement plan.
For the purpose of acquiring credited service in a qualified governmental defined-benefit retirement plan as identified under §401(a) and defined in §414(d) of the code, a participant may transfer a portion or all of the participant's account in the program by trustee-to-trustee transfer to the government defined-benefit retirement plan.
Source: SL 2004, ch 43, §18; SDCL, §3-12-182; SL 2005, ch 28, §1.
Structure South Dakota Codified Laws
Title 3 - Public Officers and Employees
Chapter 13A - South Dakota Special Pay Retirement Program
Section 3-13A-1 - Special pay retirement program established.
Section 3-13A-2 - Definitions.
Section 3-13A-3 - Special pay fund.
Section 3-13A-4 - Board controls program as fiduciary--Promulgation of rules.
Section 3-13A-6 - Time for transfer of compensation to trust.
Section 3-13A-7 - Participant account.
Section 3-13A-8 - Vesting of participant account--Forfeiture.
Section 3-13A-9 - Investment of funds.
Section 3-13A-10 - Lump-sum distribution to participant.
Section 3-13A-11 - Investment alternatives--Transfer of account balances by participants.
Section 3-13A-12 - Transfer of funds from terminated investment selection.
Section 3-13A-13 - Allocation of investment return among participant accounts--Accounting dates.
Section 3-13A-14 - Valuation of investment alternatives.
Section 3-13A-15 - Beneficiaries of participant's account.
Section 3-13A-17 - Powers and duties of executive director.
Section 3-13A-20 - Rollover transfer of participant's account.
Section 3-13A-21 - Rollover transfer of participant's account in another plan.
Section 3-13A-23 - Annuity distributions date.
Section 3-13A-23.1 - Required minimum distributions--General rule.
Section 3-13A-23.2 - Required minimum distributions--Participant's death after distributions begun.
Section 3-13A-23.3 - Required minimum distributions--Participant's death before distributions begun.
Section 3-13A-23.4 - Required minimum distributions--Reasonable and made in good faith.
Section 3-13A-23.5 - Required minimum distributions--Participant's death after December 31, 2021.
Section 3-13A-23.6 - Required minimum distributions--Waiver of 2020.