166oa

    On page 2, line 4, of the printed bill, delete everything after "." .

    On page 2, delete line 5.

    On page 2, line 6, delete "and payment".

    On page 2, line 6, delete "to" and insert "of".

    On page 2, line 8, after "." insert "Benefit payments and administrative expenses of the state cement plant retirement plan shall be paid from that plan's member trust fund. No funds for the payment of such benefits or administrative expenses may be transferred from the member trust fund created in chapter 3-12.".

    On page 3, line 3, delete "claims" and insert "coverage".

    On page 3, line 11, after "to" insert "a new".

    On page 3, line 11, delete "3-12".

    On page 3, after line 13, insert:

"
    Section 10. The South Dakota Retirement System Board of Trustees may adopt, pursuant to chapter 1-26, such rules as may be necessary to establish uniform procedures for the administration of the retirement benefits of former employees of the state cement plant retirement plan.".