Two great news items: SDRS funds up 14.9%; SDBOR offering reduced tuition to state employees at CUCs

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Two great news items: SDRS funds up 14.9%; SDBOR offering reduced tuition to state employees at CUCs

Friday, April 5, 2013

The South Dakota Retirement System's board concluded its meeting in Pierre yesterday. The great news out of that meeting was that the SDRS is up 14.9% for the first 9 months of the fiscal year. There's one quarter (3 months) left. We'll see what shakes out over the next few months. Here's a couple story links: KELO TV, Rapid City Journal.

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Also meeting was the South Dakota Board of Regents, and we had some great news out of that meeting as well. The BOR adopted a "State Employee Reduced Tuition" program for those employees that attend University Centers in Sioux Falls (website, Facebook), Pierre (website, Facebook), or Rapid City (website, Facebook).

Tuition reductions are substantial, subtracting $66.55 per undergrad credit hour and $100.95 per grad credit hour. Undergrad tuition for state government employees will be $235.15, while grad tuition will be $299.10. The rates are effective this summer semester.

This action by the BOR is extremely welcomed by the SDSEO. Former State Representative Tad Perry worked pretty hard to get the Legislature to support reduced tuition for state employees at the university centers, and the SDSEO supported his efforts. Though Rep. Perry was not successful in those efforts, his work there had to be integral in getting state employees this benefit. Thank you to the BOR and to Rep. Perry.

Categories: Benefits, Board of Regents, Facebook, South Dakota Retirement System

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