State retirees to get 3.1 percent cost-of-living hike

November 15, 2011 at 2:18 pm in The Daily Republic

The South Dakota Retirement System approved a 3.1 percent cost of living increase for its retirees on Tuesday after strong investment earnings during the past fiscal year.
The system ended its latest financial year with $1.6 billion more than it had a year ago.
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