revise certain required minimum distribution provisions of the South Dakota Retirement System.
Signed by the Governor on 2026-02-17
Summary
The bill revises the South Dakota Retirement System’s required minimum distribution rules. It sets different payout timelines for participants who die before distributions begin, depending on whether they died on or before Dec. 31, 2021 or after that date. The changes align the system with the federal SECURE Act and clarify beneficiary options.
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