222 East Capitol Avenue, Suite 8 PO Box 1098 Pierre, SD 57501 Phone (605) 773-3731 sd.gov/sdrs January 17, 2025 Mr. Travis W. Almond Executive Director South Dakota Retirement System P.O. Box 1098 222 East Capitol Ave., Suite 8 Pierre, South Dakota 57501- 1098 Re: South Dakota 2025 Legislative Session – House Bill 1030 Dear Travis: House Bill 1030 updates provisions relating to the South Dakota Retirement System, clarifying the circumstances in which member information may be disclosed. House Bill 1030 will have no material impact on the liabilities or assets of SDRS. Sincerely, Douglas J. Fiddler, A.S.A., E.A., M.A.A.A., F.C.A. Senior Actuary c: Ms. Jacquelyn Storm, SDRS Mr. John Richter, SDRS Ms. Michelle Mikkelsen, SDRS