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2021 Nevada Revised Statutes
Chapter 218C - Legislators’ Retirement
NRS 218C.110 - Effect of termination or partial termination of System.
Universal Citation: NV Rev Stat § 218C.110 (2021)
Upon the termination or partial termination of the Legislators’ Retirement System:
1. Except as otherwise provided in subsection 2, all accrued benefits that are funded must become 100 percent vested and nonforfeitable.
2. A Legislator who receives his or her vested accrued benefits in a complete cash distribution before the termination is not entitled to the vesting of any benefits which have been forfeited.
(Added to NRS by 1991, 2370)
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