1. A person who is elected or appointed as a justice of the Supreme Court, judge of the Court of Appeals or district judge on or after November 5, 2002, and takes office on or after January 1, 2003, and who is a member of the Public Employees’ Retirement System established pursuant to chapter 286 of NRS on the date that he or she is elected or appointed may withdraw from the Public Employees’ Retirement System and become a member of the Judicial Retirement Plan if the justice or judge gives written notice to the Board of his or her intention to withdraw from the Public Employees’ Retirement System and to become a member of the Judicial Retirement Plan. Such notice must be given to the Board within the time set forth in subsection 3 and must be given the first time that the justice or judge is elected or appointed while he or she is a member of the Public Employees’ Retirement System.
2. A justice or judge may not become a member of the Judicial Retirement Plan pursuant to subsection 1 if the justice or judge has previously been elected or appointed on or after November 5, 2002, and taken office on or after January 1, 2003, while the justice or judge was a member of the Public Employees’ Retirement System and the justice or judge did not give notice of his or her intention to withdraw from the Public Employees’ Retirement System and to become a member of the Judicial Retirement Plan in the manner set forth in this section.
3. Written notice given pursuant to subsection 1 must be received by the Board:
(a) If the justice or judge is elected, by March 31 of the year immediately following the year in which he or she was elected; or
(b) If the justice or judge is appointed, within 90 days after his or her appointment.
4. If the Board receives notice pursuant to this section that a justice or judge intends to withdraw from the Public Employees’ Retirement System, it shall transfer from the Public Employees’ Retirement Fund to the Judicial Retirement Plan the accrued actuarial liability and credit for service earned by the justice or judge while a member of the Public Employees’ Retirement System as determined by an actuary of the Judicial Retirement System. The service so transferred must be accredited under the Judicial Retirement Plan as if performed in the Public Employees’ Retirement System.
5. If the Board does not receive written notice that a justice or judge intends to withdraw from the Public Employees’ Retirement System pursuant to subsection 3, the justice or judge will remain a member of the Public Employees’ Retirement System.
6. A justice or judge who exercises the option granted by this section may not re-establish the service for which the liabilities were transferred.
7. No justice of the Supreme Court, judge of the Court of Appeals or district judge or survivor of a justice of the Supreme Court, judge of the Court of Appeals or district judge may receive benefits under both this chapter and chapter 286 of NRS.
8. A justice of the Supreme Court, judge of the Court of Appeals or district judge or survivor of a justice of the Supreme Court, judge of the Court of Appeals or district judge who is receiving a retirement allowance from the Public Employees’ Retirement System on January 1, 2003, is not eligible for transfer to the Judicial Retirement Plan.
(Added to NRS by 2001 Special Session, 73; A 2005, 1068; 2013, 1720)
Structure Nevada Revised Statutes
Chapter 1A - Judicial Retirement
NRS 1A.030 - "Compensation" defined.
NRS 1A.040 - "Disability retirement allowance" defined.
NRS 1A.050 - "Judicial Retirement Plan" defined.
NRS 1A.060 - "Retired justice or judge" defined.
NRS 1A.070 - "Service" defined.
NRS 1A.080 - "Service retirement allowance" defined.
NRS 1A.090 - "System" defined.
NRS 1A.110 - Limitations on review and copying of records; waiver.
NRS 1A.150 - False statement or certification; withholding of information.
NRS 1A.160 - Judicial Retirement Fund: Establishment; policy; sources; payments.
NRS 1A.170 - Administration and investment of Judicial Retirement Fund.
NRS 1A.200 - Judicial Retirement Administrative Fund; administrative fees.
NRS 1A.230 - Actuarial assumptions used in computing benefits: Availability; changes prohibited.
NRS 1A.240 - Persons receiving benefits from System entitled to cost-of-living increases.
NRS 1A.250 - Administration of accounts of members and recipients of benefits.
NRS 1A.260 - Conditions for membership in System.
NRS 1A.290 - Termination of membership; rights of justices or judges who have retired.
NRS 1A.300 - Establishment; members; benefits.
NRS 1A.310 - Purchase of credit for service: Requirements; sources; installments.
NRS 1A.312 - Contributions to Judicial Retirement Fund; adjustment of contribution rate.
NRS 1A.320 - Service credit: Commencement; termination.
NRS 1A.330 - Service credited in another system ineligible; exception.
NRS 1A.340 - Time of vesting; vesting of benefits upon termination of System.
NRS 1A.350 - Eligibility: Age and service; reduction of benefit for retirement before required age.
NRS 1A.390 - Limitation on distributions to members.
NRS 1A.400 - Limitation on compensation used to determine retirement benefit.
NRS 1A.410 - Limitations on benefits and contributions.
NRS 1A.420 - Prohibition against applying forfeitures to increase benefits.
NRS 1A.430 - Consent of spouse to retirement plan of member.
NRS 1A.440 - Determination of monthly allowance for service retirement.
NRS 1A.450 - Optional plans: Alternatives to unmodified allowance for service retirement.
NRS 1A.490 - Disability retirement allowance: Applicability of certain provisions.
NRS 1A.500 - Disability retirement allowance: Cancellation.
NRS 1A.510 - Disability retirement allowance: Consequences of employment of recipient.
NRS 1A.550 - "Dependent parent" defined.
NRS 1A.555 - "Domestic partner" defined.
NRS 1A.560 - "Spouse" defined.
NRS 1A.580 - Payments to child of deceased member.
NRS 1A.590 - Payments to spouse of deceased member.
NRS 1A.600 - Payments to spouse of deceased member who had 10 or more years of creditable service.
NRS 1A.610 - Payments to spouse if deceased member was eligible to retire.
NRS 1A.615 - Payments to spouse of deceased member killed in course of judicial service.
NRS 1A.620 - Designation of survivor beneficiary and additional payees by member.
NRS 1A.660 - Payments to dependent parents; conditions.
NRS 1A.670 - Limitation on and reduction of amount of monthly allowance.