Public retirees in South Dakota face potential sixth year of less-than-inflation benefit changes

By: Joshua Haiar

Outlets: South Dakota Searchlight

Published: April 1, 2026

Words: 316

Last Updated: 2 months, 2 weeks ago

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The officials who manage South Dakota’s public employee retirement system said Wednesday that if current investment trends continue, retirees are likely to see a July 2027 cost-of-living benefit adjustment similar to the 1.56% increase they will get this July.

If inflation stays above 2% as it has lately, that could mean a sixth straight year of increases less than inflation.

Senior actuary Doug Fiddler noted that inflation jumped from 1.28% in fiscal year …

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