South Dakota Codified Laws 3-12C-808. Conversion of disability benefit to retirement benefit at retirement age–Applications before July 1, 2015
When a person who is receiving a disability benefit reaches age sixty-five, or at such later date if there are no eligible children, or if over age sixty at the time of commencement of disability, after a period of five years, the member’s disability benefit shall be terminated and thereafter the member shall receive the benefit payable for service retirement at that age, calculated on the projected compensation and projected service. If a person who received a disability benefit returns to employment prior to normal retirement age, the member’s credited service shall include the time of disability. The provisions of this section apply to any member whose application for disability benefits is received by the system prior to July 1, 2015.
Terms Used In South Dakota Codified Laws 3-12C-808
- Children: includes children by birth and by adoption. See South Dakota Codified Laws 2-14-2
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1974, ch 35, § 57; SL 1992, ch 33; SL 2014, ch 20, § 28; SDCL § 3-12-103; SL 2019, ch 22, § 1.