Benefit payments shall follow the minimum distribution rules of § 401(a)(9) of the Internal Revenue Code, as the code is defined in § 3-12C-101, and as set forth in §§ 3-12C-1901 to 3-12C-1905, inclusive.

Source: 28 SDR 109, effective February 11, 2002; 36 SDR 207, effective July 1, 2010; 40 SDR 197, effective May 27, 2014; 45 SDR 142, effective July 1, 2019 ; 47 SDR 138, effective July 1, 2021 .

General Authority: SDCL 3-12 C - 1647 .

Law Implemented: SDCL 3-12 C -1 643 , 3-12 C -1 644 .

Prior versions effective: 2019-07-01, 2014-05-27.