South Dakota § 3-12C-1102 - Limitations on final average compensation for foundation members whose contributory service concluded before July 1, 2020.
Full text of South Dakota South Dakota Codified Laws § 3-12C-1102 — Limitations on final average compensation for foundation members whose contributory service concluded before July 1, 2020., with citation guidance and answers to common questions.
§ 3-12C-1102. Limitations on final average compensation for foundation members whose contributory service concluded before July 1, 2020.
For any foundation member whose contributory service concluded before July 1, 2020, if the compensation received in the last calendar quarter considered exceeds a set percentage of the amount in the highest previous calendar quarter, or if the average compensation received in the last four calendar quarters considered exceeds a set percentage of the amount earned in the highest calendar quarter prior to the last four calendar quarters considered, only the lesser amount shall be considered and the excess may not be included in the computation of final average compensation. Those respective set percentages are as follows:
(1) Before July 1, 2004, one hundred twenty-five percent and one hundred fifteen percent;
(2) Between July 1, 2004, and June 30, 2005, one hundred fifteen percent and one hundred ten percent; and
(3) After June 30, 2005, one hundred five percent and one hundred five percent.
Source: SL 2017, ch 29, § 3; SDCL § 3-12-89.9; SL 2019, ch 22, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 3-12C-1102
What does South Dakota Codified Laws § 3-12C-1102 cover?
Section 3-12C-1102 ("Limitations on final average compensation for foundation members whose contributory service concluded before July 1, 2020.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 3-12C-1102?
A common citation format is "South Dakota Codified Laws § 3-12C-1102" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 3-12C-1102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.