Public pension contributions in South Dakota total $352 million in 2024

Larry R. Rhoden, South Dakota Governor
Larry R. Rhoden, South Dakota Governor
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In 2024, South Dakota received $352 million in contributions to its public pension funds, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

Of that amount, $335.5 million went to state pension funds, and the remaining $16.5 million went to local government pension funds.

The U.S. Census Bureau’s Annual Survey of Public Pensions covers defined-benefit pension systems sponsored by recognized government units whose membership consists of public employees compensated with public funds. Local governments in the survey are defined as counties, municipalities, townships, school districts, and special districts.

The survey provides data on revenues, expenditures, financial assets, and membership for these pension systems, and detailed questionnaires can include additional measures such as liabilities.

Not all respondents provide complete information for every item; response rates vary by data element, which can affect the availability of certain figures in the published tables.

South Dakota reported data from three pension systems, including one state-level pension fund and two local-level systems. The total number of pension system members was 106,083 (104,464 at the state level and 1,619 at the local level).

Contributions to South Dakota’s Public Pension Funds in 2024
LocalStateLocal & State
Employee Contributions$3,685,553$167,163,000$170,848,553
Government Contributions$12,847,672$168,330,000$181,177,672
Total Contributions$16,533,225$335,493,000$352,026,225
Information in this article was obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions. The source data can be found here.



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