Spearfish School District 40-2
4000 Personnel

Board Policy                                                                                                                                                                                                                        
Code:  4720

SOUTH DAKOTA RETIREMENT

All district employees working 20 hours or .5 FTE or more per week are subject to the South Dakota Retirement system and must contribute 6 percent of their salary.

District employees may elect to take the optional spouse feature and have the additional .amount deducted from their salary.



Adopted July 19, 1978
Revised  May 11, 1987
Revised December 14, 1998
Revised December 11, 2006