Section 3-12-120.1 - Independent actuarial review of retirement system mandated--Issues.
3-12-120.1. Independent actuarial review of retirement system mandated--Issues. An independent actuarial review shall be completed of the South Dakota Retirement System, focusing upon issues of equity regarding member benefits, including, but not limited to, the class A alternate formula, class differences, length of service issues, purchase of credited service, cost of living allowance, death and disability benefits, married members, members with younger spouses, life expectancy, early retirement, and reemployment after retirement.
Source: SL 2000, ch 26, § 1.