Marcia Hultman

Cabinet Secretary

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SD Department of Labor Employee Retirement Board

The South Dakota Department of Labor Employee Retirement Board (SD DOL ERB) was created by Chapter 386, Laws of 1987. South Dakota Codified Law 61-2-15 through 61-2-15.6 governs the SD DOL ERB. The board shall consist of five members and meet at least twice a year. The Board’s responsibility is to administer the South Dakota Department of Labor, Job Service, Unemployment Division and Office of Administrative Services Retirement Plan.

This retirement plan began in August 1, 1961 and stopped taking participants on July 1, 1980. Of the approximately 230 participants in the plan, fewer than 10 remain on active employment.

The ERB has hired Principal Financial Group as the Plan’s financial advisor and Deloitte Consulting LLP as the Plan’s impartial actuary.

If you cannot find the information you are seeking, please contact us.

Contact Us

Derek Gustafson
South Dakota Department of Labor and Regulation
123 W. Missouri Ave.
Pierre, SD 57501
Phone: 605.773-3101