CHAPTER 17

(SB 6)

Terms related to the South Dakota Retirement Plan defined.


         ENTITLED, An Act to  define certain terms related to the South Dakota Retirement System.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  That § 3-12-47 be amended by adding thereto NEW SUBDIVISIONS to read as follows:


     "Comparable level position," a member's position of employment that is generally equivalent to the member's prior position of employment in terms of required education, required experience, required training, required work history, geographic location, and compensation and benefits;

     "Covered employment," a member's employment as a permanent full-time employee by a participating unit;

     "Military service," a period of active duty with the United States Army, the United States Navy, the United States Air Force, the United States Marine Corps, or the United States Coast Guard, from which duty the member received an honorable discharge or an honorable release;

     "Other public service," service for the government of the United States, including military service; service for the government of any state or political subdivision thereof; service for any agency or instrumentality of any of the foregoing; or service as an employee of an association of government entities described in this subdivision;

     "Plan year," a period extending from July first of one calendar year through June thirtieth of the following calendar year;

     Signed February 22, 2006
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