For each individual who is unemployed in any week, as defined in §§ 61-1-51 to 61-1-54, inclusive, benefits with respect to that week are paid in an amount determined by § 61-6-2. A benefit amount that is not a multiple of one dollar, is computed to the next lower multiple of one dollar. However, the benefit paid is reduced by seventy-five percent of the amount by which the wages or earnings exceed twenty-five dollars per week, and no benefit payment is made if the wages or earnings equal or exceed the weekly benefit amount.

Source: SDC 1939, § 17.0828 (3) (b) as added by SL 1939, ch 86 , § 5; SDC 1939, § 17.0828 (3) as enacted by SL 1941, ch 83 , § 7; SL 1943, ch 82 , § 1; SL 1947, ch 90 , § 1; SL 1951, ch 97 , § 1; SL 1953, ch 76 , § 5; SL 1957, ch 88 , § 3; SL 1963, ch 122 , § 2; SL 1979, ch 348 , § 2A; SL 1983, ch 379 , § 2; SL 1984, ch 333 , § 2; SL 1990, ch 414 , § 1; SDCL § 61-6-1 ; SL 2012, ch 252 , § 59.