Oct. 9, 2024

SDRS: Protect yourself and your benefit


EDITOR’S NOTE: This article was written by SDRS staff.

SDRS members are often contacted by outside groups wanting to advise them on their retirement accounts, even their SDRS benefits. While many professionals provide legitimate and valuable financial advisory services, members should know that SDRS is the most reliable source for accurate and timely information about your SDRS benefits. As such, the SDRS office should be your first point of contact with questions about your SDRS benefits. SDRS has knowledgeable staff who are fully trained on the laws and rules governing SDRS to better serve you in your retirement planning. Members may contact the SDRS office directly by calling 605-773-3731 or emailing SDRSweblink@state.sd.us.

Reminders

Generally, SDRS will never call or email to request confidential or personal information unless you have recently contacted our office or initiated a process or change. In such cases as these, SDRS may respond as necessary. Emails from SDRS staff will always have @state.sd.us in the email address. Many SDRS communications, such as newsletters and event notifications, will come from sdrs.communications@state.sd.us.

SDRS materials will have the SDRS logo, list our website (www.sd.gov/sdrs), or include our phone number (605-773-3731). If you are unsure if an email or other communication is from SDRS, please call the SDRS office.

SDRS will never charge a fee to speak with one of our representatives or to attend an SDRS event, such as individual retirement consultations, group workshop forums, or employer training sessions.

Other than Nationwide Retirement Solutions (NRS), which administers the SDRS Supplemental Retirement Plan (SRP), SDRS does not work with or endorse any external businesses for financial planning services.

For more information, visit the SDRS website.

Updated Oct. 10, 2024.