Section 3-6-6.2 - Terminal vacation on retirement or resignation--Lump-sum payment option--Paymentupon death.
3-6-6.2. Terminal vacation on retirement or resignation--Lump-sum payment option--Payment upon death. Any employee who retires or voluntarily resigns may terminate employment at the end of the employee's accrued vacation period or receive a lump-sum payment for the unused vacation time which has accrued as of the employee's final day on the payroll. Any employee meeting the definition of a participant as set out in subdivision 3-12-166(8) shall have such lump-sum payment transmitted to the fund pursuant to the provisions of § 3-12-169. However, if the employee dies, payment for the accumulated leave of absence for vacation time shall be paid according to §§ 3-8-8 to 3-8-11, inclusive.
Source: SDC 1939, § 55.2701 (7) as enacted by SL 1955, ch 244; SL 1957, ch 286; SL 1961, ch 272; SDCL § 3-6-6; SL 1972, ch 18; SL 1976, ch 32, § 2; SL 1991, ch 27, § 1; SL 2004, ch 43, § 25.