9-16-11. Previously granted pensions as obligation of retirement system.
All pensions granted by a first or second class municipality prior to the adoption of a retirement system under §9-16-3 shall become an obligation of the retirement system adopted by said municipality under said section.
Source: SL 1949, ch 183, §6; SDC Supp 1960, §45.1204-2; SL 1992, ch 60, §2.