South Dakota § 9-16-5.1 - Contributions to system--Amount required.
Full text of South Dakota South Dakota Codified Laws § 9-16-5.1 — Contributions to system--Amount required., with citation guidance and answers to common questions.
§ 9-16-5.1. Contributions to system--Amount required.
Total contributions in each year to a retirement system subject to this chapter shall be sufficient to fund the following:
(1) The administrative cost of the plan during the year;
(2) The actuarially determined cost of future benefits accruing to members during the year; and
(3) An amount sufficient to amortize any unfunded liability of the system over a period not to exceed forty years on the basis of reasonable and generally accepted actuarial assumptions.
Source: SL 1984, ch 56, § 6.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 9-16-5.1
What does South Dakota Codified Laws § 9-16-5.1 cover?
Section 9-16-5.1 ("Contributions to system--Amount required.") 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 § 9-16-5.1?
A common citation format is "South Dakota Codified Laws § 9-16-5.1" (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 § 9-16-5.1 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.