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§ 3-12C-1634 Information required of city of Mitchell.

SD Codified L § 3-12C-1634 (2019) (N/A)
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3-12C-1634. Information required of city of Mitchell. For purposes of payment of retiree benefits pursuant to § 3-12C-1630 and to calculate the minimum benefit pursuant to § 3-12C-1631, the city of Mitchell shall provide the following information:

(1) Each retired firefighter's benefit as of June 30, 1996, plus that benefits' annual increase;

(2) Each active or inactive vested firefighter's accrued benefit as of June 30, 1996;

(3) Each active firefighter's final average compensation as of June 30, 1996;

(4) Each active firefighter's credited service as of June 30, 1996;

(5) Each active firefighter's employee contributions, with interest credited thereon, as of June 30, 1996; and

(6) The annual rate of salary for a first-class firefighter as of June 30, 1996.Source: SL 1996, ch 28, § 6; SDCL § 3-12-158; SL 2019, ch 22, § 1.

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§ 3-12C-1633 Transfer of city of Mitchell firemen's pension plan funds as member contributions.
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