1. A Legislator may, within 30 days after the Legislator is first elected or appointed to office, elect not to participate as a member of the Legislators’ Retirement System by submitting a written notice of the election not to participate to the Board and the Director.
2. A Legislator may terminate the Legislator’s participation as a member of the System by sending written notice of the termination of participation to the Board and the Director.
3. A Legislator who terminates the his or her participation as a member of the Legislators’ Retirement System is not eligible thereafter to participate as a member of the System.
(Added to NRS by 2005, 1451; A 2011, 3182)
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.