South Dakota
Retirement System
Proudly Serving South Dakota's Public Employees Since 1974
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Generational Member Eligibility for Retirement

To be entitled to retirement benefits, a member must have a minimum of three years of contributory service. Unreduced retirement benefits are available once you reach your normal retirement age. Reduced retirement benefits can be drawn once you attain your minimum retirement age. No retirement benefits are payable to you before you attain your minimum retirement age.

SDRS Generational Member Retirement Eligibility

 

Normal Retirement
(unreduced benefit)

Early Retirement 
(reduced benefit)

Class A

Age 67

As early as age 57

Class B Public Safety

Age 57

As early as age 47

Class B Judicial

Age 67

As early as age 57

 

Early Retirement - Percent of Benefit Payable: You may choose to begin drawing your retirement benefit prior to reaching your normal retirement age at a reduced rate. If you choose to retire prior to your normal retirement age, your benefits will be permanently reduced by 5% for each year (and prorated for partial year) between your benefit commencement and the date you will reach your normal retirement age.


Early Retirement: % of Benefit Payable
 
  Age 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67
Class A % of Reduction
% of Benefit Payable
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
50%
50%
45%
55%
40%
60%
35%
65%
30%
70%
25%
75%
20%
80%
15%
85%
10%
90%
5%
95%
0%
100%
Class B Public Safety % of Reduction
% of Benefit Payable
50%
50%
45%
55%
40%
60%
35%
65%
30%
70%
25%
75%
20%
80%
15%
85%
10%
90%
5%
95%
0%
100%
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Class B Judicial % of Reduction
% of Benefit Payable
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
50%
50%
45%
55%
40%
60%
35%
65%
30%
70%
25%
75%
20%
80%
15%
85%
10%
90%
5%
95%
0%
100%

To learn more about determining your retirement benefit: Determining Your Retirement Benefit page

For more detailed information regarding retirement eligibility, consult your Class Handbook or contact SDRS toll-free at 1-888-605-SDRS (7377).