County Employees Retirement Law of 1937 (CERL) - sdcera

§31676.14. Increase in service retirement allowances; limitation; survivorship benefits and
rights; adoption by resolution
Notwithstanding any other provisions of this chapter the current service pension or
the current service pension combined with the prior service pension is an additional pension
for members purchased by the contributions of the county or district sufficient, when added
to the service retirement annuity, to equal the fraction of one-sixtieth of the member’s final
compensation set forth opposite the member’s age at retirement, taken to the preceding
completed quarter year, in the following table multiplied by the number of years of current
service or years of current and prior service with which the member is entitled to be credited
at retirement, but in no event shall the total retirement allowance exceed the member’s final
compensation.
Age at retirement
Fraction
50 0.8850
50 1/4 0.8987
50 1/2 0.9125
50 3/4 0.9262
51 0.9399
51 1/4 0.9549
51 1/2 0.9699
51 3/4 0.9849
52 1.0000
52 1/4 1.0111
52 1/2 1.0223
52 3/4 1.0335
53 1.0447
53 1/4 1.0597
53 1/2 1.0747
53 3/4 1.0898
54 1.1048
54 1/4 1.1207
54 1/2 1.1367
54 3/4 1.1526
55 1.1686
55 1/4 1.1855
55 1/2 1.2025
55 3/4 1.2195
56 1.2365
56 1/4 1.2547
56 1/2 1.2729
56 3/4 1.2911
57 1.3093
57 1/4 1.3221
203
Article 8, §31676.14.