1. Except as otherwise provided in subsection 2, for a Legislator who is a member of the Legislators’ Retirement System:
(a) Service credit for retirement under the Legislators’ Retirement System begins on the first day of the year of election to the office of Legislator and terminates on the first day of the year following the election of a successor. The service credit for a person appointed to an unexpired term shall be deemed to have begun on the first day of the year of the appointment.
(b) Service credit shall be deemed to terminate on the first day of the year following the expiration of any term during which a Legislator dies, resigns or is removed from office.
2. Service credit for a Legislator who takes office on or after July 1, 1975, and who is a member of the Legislators’ Retirement System begins on the day after the Legislator’s election or appointment and terminates on the day of election of the Legislator’s successor, unless sooner terminated on the day of the Legislator’s death, resignation or removal from office.
(Added to NRS by 1967, 1219; A 1971, 1509; 1975, 1064; 2005, 1451)
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.