Section 3-12-76 - Withdrawal of accumulated contributions on termination of public service--Exception.
3-12-76. Withdrawal of accumulated contributions on termination of public service--Exception. A member terminating public service is entitled to the sum of the member's accumulated contributions upon application to the system in lieu of retaining credited service and benefits provided in this chapter.
The right to withdraw accumulated contributions ceases within ninety days of a return to employment with a participating unit.
Source: SL 1967, ch 303, § 8; SDCL, § 3-12-30; SL 1968, ch 216, § 1; SL 1974, ch 35, § 34; SL 1977, ch 28, § 6; SL 1995, ch 24, § 13; SL 1998, ch 15, § 6.