3-12C-511. Purchase of nonqualified permissive service credit allowed. Notwithstanding the restrictions contained in §§ 3-12C-504 and 3-12C-509, a current contributing member with over five years of contributory service in the system may purchase nonqualified permissive service credit as defined in and pursuant to the provisions of § 415(n) of the Internal Revenue Code.
Source: SL 2003, ch 94, § 2; SL 2009, ch 21, § 1; SL 2013, ch 20, § 9; SDCL § 3-12-84.2 SL 2019, ch 22, § 1.
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