1. Within a reasonable time after July 1, 1967, the Board shall notify all incumbent Legislators in writing concerning credit for service, other than legislative service, covered under the Public Employees’ Retirement System. Unless the Legislator requests in writing within 30 days after receipt of such written notice that his or her service, other than legislative service, be continued under the Public Employees’ Retirement System, the Board shall transfer from the Public Employees’ Retirement Fund all sums contributed by the Legislator through service, other than legislative service, together with the sums contributed by his or her employer for such service. The service so transferred shall be accredited under the Legislators’ Retirement System as if performed in a legislative capacity. Service so transferred may be retransferred to the Public Employees’ Retirement System, and the related contributions shall then be returned to the Public Employees’ Retirement Fund, at any time when the person ceases to be a Legislator and re-establishes membership in the Public Employees’ Retirement System.
2. Except as otherwise provided in NRS 286.385 or for the transfer of service from the Public Employees’ Retirement System to the Legislators’ Retirement System, as provided in this section, service after July 1, 1967, as a Legislator cannot be accredited under the Public Employees’ Retirement System and service in capacities covered by the Public Employees’ Retirement System cannot be accredited under the Legislators’ Retirement System.
3. Nothing in this chapter or in any other law prevents or prohibits coverage of a person under both the Public Employees’ Retirement System and the Legislators’ Retirement System when service is compatible with the provisions of each system.
4. Legislators receiving retirement allowances from the Public Employees’ Retirement System on July 1, 1967, are not eligible for transfer to the Legislators’ Retirement System.
(Added to NRS by 1967, 1218; A 1975, 1063; 1979, 760; 1999, 2623)
Structure Nevada Revised Statutes
Chapter 218C - Legislators’ Retirement
NRS 218C.040 - "Board" defined.
NRS 218C.080 - "Retirement allowance" defined.
NRS 218C.100 - Establishment of System.
NRS 218C.110 - Effect of termination or partial termination of System.
NRS 218C.150 - System administered by Public Employees’ Retirement Board; rules.
NRS 218C.170 - Legislators’ Retirement Fund: Creation and purpose; sources; payments.
NRS 218C.180 - Legislators’ Retirement Fund: Administration and investment.
NRS 218C.190 - Legislators’ Retirement Fund: Report of income and disbursements.
NRS 218C.200 - Administration of accounts of members and recipients of benefits.
NRS 218C.340 - Limitations on contributions and benefits under federal law.
NRS 218C.350 - Computation of service credit.
NRS 218C.370 - Purchase of service credit: General requirements.
NRS 218C.380 - Purchase of service credit: Deferred payment; contributions; administrative fees.
NRS 218C.390 - Deduction and payment of contributions.
NRS 218C.500 - Determination of monthly benefits.
NRS 218C.510 - Additional benefits; cost-of-living increases.
NRS 218C.520 - Limitation on distributions to members of System.
NRS 218C.530 - Limitation on compensation used to determine benefits.
NRS 218C.550 - Actuarial assumptions used in computation of benefits.
NRS 218C.560 - Prohibition against applying forfeitures to increase benefits.
NRS 218C.570 - Options for payment of benefits to designated beneficiary after member’s death.
NRS 218C.580 - Benefits for survivors.
NRS 218C.582 - Benefits for spouse of member killed in course of legislative service.
NRS 218C.584 - Benefits for survivors of member killed in course of legislative service.