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

SDRS Mission Statement

To responsibly manage a financially sustainable system within fixed resources and prepare our members for retirement.
 


SDRS Vision

To be a model retirement system that is fully funded, delivers benefits that meet our long-term benefit goals, and provides members the foundation to achieve financial security during retirement.
 


SDRS Long-Term Benefit Goals

Retirement Income from SDRS

Lifetime income from SDRS of at least 50 percent of Final Average Compensation (FAC) at normal retirement for career members with credited service of at least 30 years for Class A members, 25 years for Class B Public Safety members, and 20 years for Class B Judicial members.

Proportionate lifetime income from SDRS for members who participate in SDRS for less than a career.


Additional Member Savings

SDRS will educate members of the need for additional savings and will encourage members to accumulate personal savings of at least 100 percent of annual pay at retirement to provide retirement benefits in addition to those provided by SDRS and Social Security.


Total Retirement Income

Educate, advise, and encourage members to plan for retirement by establishing a total retirement income goal based on their unique circumstances and considering benefits available from SDRS, Social Security, and personal savings.

 


Related Link:
The South Dakota Retirement System Long-Term Benefit Goals