3-6E-9. Employee contributions to benefits plan--Crediting and disbursement.
111 words·~1 min read·
/sd/title-3/chapter-3-6/3-6e-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The State of South Dakota shall deduct on each payroll of a member for each payroll period the amount of the contribution or premium, including any administrative expense. The state shall make deductions from salaries of plan-eligible employees and shall transmit monthly the amount specified to be deducted to the state treasurer. The state treasurer, after making a record of receipts, shall credit the benefits plan with an amount equal to that remitted by the state. After the credit has been assigned to the benefits plan, the human resources commissioner shall disburse credit in accordance with this chapter and the rules promulgated pursuant to chapter 1-26 by the human resources commissioner.