Managed Funds

• South Dakota Retirement System
  SDRS is the consolidated defined benefit plan for public employees.
  Investment Policy
  The SDRS Supplemental Retirement 457 Plan is a deferred compensation plan available to members of SDRS. The State Investment Officer is responsible for selecting the investment options.
• South Dakota Cash Flow Fund
  The SDCFF is comprised of more than 250 participating accounts and serves as the state checking account.
  Investment Policy
• School & Public Lands Fund
  The S&PL Fund is a permanent trust fund established for the benefit of public schools.
  Investment Policy
• Dakota Cement Trust Fund
  The DCT was established from the net proceeds from the sale of the South Dakota Cement Plant.
  Investment Policy
• Education Enhancement Trust Fund
  The EET was established from the funds received from the Master Settlement Agreement with U.S. tobacco product manufacturers and a subsequent securitization of the settlement payments. Fund distributions are designated for education enhancement programs.
  Investment Policy
• Healthcare Trust Fund
  The HCT was established from federal inter-governmental transfers. Fund distributions are designated for health services.
  Investment Policy
• Higher Education Savings 529 Plan
  The SD Legislature assigned SDIC responsibility for establishing South Dakota's Higher Education Savings Plan. The SDIC selected VP Distributors, LLC as the program manager.
  For more information, visit CollegeAccess529.com.