South Dakota
Retirement System
Proudly Serving South Dakota's Public Employees Since 1974
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MySDRS

Determining Your Retirement Benefit

The amount of your benefit is calculated using a formula:

                      *The benefit multiplier used is dependent on class of service.

A Generational member's Final average compensation (FAC) is determined by averaging the highest 20 consecutive calendar quarters of pay out of the last 40 quarters (highest five consecutive years of the last 10 years of pay). Compensation is capped at 105 percent for each of the five years used in determining the member's FAC. FAC is also subject to adjustments for extraordinary payments in the final year.

 

Class A Members: 1.8% X Final Average Compensation X Credited Service

For information on retirement eligibility: Eligibility for Retirement page

For more detailed information regarding benefit formulas, consult the Class A Generational Member Handbook or contact SDRS toll-free at 1-888-605-SDRS (7377).

To prepare a benefit estimate, use the Benefit Calculator or log-in to MySDRS. For an estimate prepared by the SDRS office, contact SDRS toll-free at 1-888-605-SDRS (7377).

 

Class B Public Safety Members: 2.0% X Final Average Compensation X Credited Service

For information on retirement eligibility: Eligibility for Retirement page

For more detailed information regarding benefit formulas, consult the Class B Public Safety Generational Member Handbook or contact SDRS toll-free at 1-888-605-SDRS (7377).

To prepare a benefit estimate, use the Benefit Calculator or log-in to MySDRS. For an estimate prepared by the SDRS office, contact SDRS toll-free at 1-888-605-SDRS (7377).

 

Class B Judicial Members:

For first 15 years: 3.333% X Final Average Compensation X Credited Service (up to 15 years)

PLUS

In excess of 15 years: 2.0% X Final Average Compensation X Credited Service


For information on retirement eligibility: Eligibility for Retirement page

For more detailed information regarding benefit formulas, consult the Class B Judicial Generational Member Handbook or contact SDRS toll-free at 1-888-605-SDRS (7377).

To prepare a benefit estimate, use the Benefit Calculator or log-in to MySDRS. For an estimate prepared by the SDRS office, contact SDRS toll-free at 1-888-605-SDRS (7377).