1. Any check for benefits or a refund which has not been paid within 5 years after being transferred to the account for unclaimed benefits or refunds must be transferred to the Public Employees’ Retirement Fund or Police and Firefighters’ Retirement Fund, whichever is appropriate.
2. If, within 6 years after a check for benefits or a refund has been transferred pursuant to subsection 1, any person appears and claims the money, the claimant may file a petition in the District Court for Carson City stating the nature of the claim, with an appropriate prayer for the relief demanded. A copy of the petition must be served upon the Attorney General before or at the time it is filed. Within 20 days after service, the Attorney General shall appear in the proceeding and respond to the petition. If, after examining all the facts, the Attorney General is convinced that the System has no legal defense against the petition, the Attorney General may, with the consent of the Court, confess judgment on behalf of the System.
3. If judgment is not confessed, the petition must be considered at issue on the 20th day after its filing, and may be heard by the Court on that day, or at such future day as the Court may order. Upon the hearing, the Court shall examine into the claim and hear the allegations and proofs. If the Court finds that the claimant is entitled to any money transferred pursuant to subsection 1 to a retirement fund, it shall order the Board to pay the money forthwith to the claimant, but without interest or cost to the Board.
4. All persons, except minors and persons of unsound mind, who fail to appear and file their petitions within the time limited in subsection 1 are forever barred. Minors and persons of unsound mind may appear and file their petitions at any time within 5 years after their respective disabilities are removed.
(Added to NRS by 1987, 681; A 2003, 2065)
Structure Nevada Revised Statutes
Chapter 286 - Public Employees’ Retirement
NRS 286.015 - Declaration of state policy; purpose of chapter.
NRS 286.017 - "Actuarial computation" defined.
NRS 286.020 - "Board" defined.
NRS 286.025 - "Compensation" defined.
NRS 286.031 - "Disability retirement allowance" defined.
NRS 286.040 - "Employee" defined.
NRS 286.042 - "Firefighter" defined.
NRS 286.045 - "Independent contractor" defined.
NRS 286.050 - "Member" defined.
NRS 286.061 - "Police officer" defined.
NRS 286.065 - "Postretirement increase" defined.
NRS 286.070 - "Public employer" defined.
NRS 286.078 - "Service" defined.
NRS 286.080 - "Service retirement allowance" defined.
NRS 286.100 - "System" defined.
NRS 286.117 - Limitations on review and copying of certain records; waiver.
NRS 286.130 - Qualifications of members of Board; terms.
NRS 286.150 - Monthly meetings of Board; certain closed meetings; designation and term of Chair.
NRS 286.170 - Administration of System; compensation and removal of employees.
NRS 286.180 - Compensation and expenses of members of Board.
NRS 286.190 - General powers and duties of Board.
NRS 286.200 - Rules and regulations of Board: Procedure for adoption; conditions.
NRS 286.211 - Duties of Board: Police and Firefighters’ Retirement Fund.
NRS 286.220 - Public Employees’ Retirement Fund.
NRS 286.225 - Police and Firefighters’ Retirement Fund.
NRS 286.227 - Police and Firefighters’ Retirement Fund Advisory Committee.
NRS 286.230 - Public Employees’ Retirement Administrative Fund.
NRS 286.260 - Individual accounts of members; liability of Board upon return of contributions.
NRS 286.287 - Board to consider investments: Meetings; duties.
NRS 286.290 - Conditions for membership in System.
NRS 286.293 - Persons required to participate in System.
NRS 286.297 - Persons excluded from membership in System.
NRS 286.3005 - Purchase of credit for service: Public employer may purchase credit for member.
NRS 286.3007 - Purchase by state agency of credit for service: Conditions.
NRS 286.301 - Credit for free prior service.
NRS 286.303 - Free credit for military service.
NRS 286.365 - Eligibility of civilian employees of Nevada National Guard for membership in System.
NRS 286.370 - Procedure for integration of previously established retirement systems.
NRS 286.401 - Termination of membership; rights of retired employee.
NRS 286.425 - Election by employee to have employer pay contributions.
NRS 286.430 - Withdrawal of contributions.
NRS 286.435 - Repayment upon retroactive reinstatement.
NRS 286.440 - Redeposit of withdrawn contributions upon return to service: Procedure.
NRS 286.450 - Rate of contributions by public employer.
NRS 286.460 - Remittance of contributions by public employers.
NRS 286.462 - Complaint to Department of Taxation required concerning delinquent report or payment.
NRS 286.477 - Credit for part-time employment; loss of credit.
NRS 286.479 - Service credit for military service in Persian Gulf Crisis.
NRS 286.481 - Service ineligible for credit.
NRS 286.486 - Service credited in another system ineligible; exception.
NRS 286.495 - Computation of credit for service: Generally.
NRS 286.505 - Conversion of credit for service; time for crediting service.
NRS 286.520 - Employment of retired employee: Consequences; notice; exemptions.
NRS 286.533 - Limitation on distributions to members of System.
NRS 286.534 - Actuarial assumptions used in computing benefits: Availability; changes prohibited.
NRS 286.535 - Limitation on compensation used to determine retirement benefit.
NRS 286.537 - Limitations on benefits and contributions.
NRS 286.539 - Prohibition against applying forfeitures to increase benefits.
NRS 286.545 - Consent of spouse to retirement plan of member.
NRS 286.551 - Determination of monthly service retirement allowance.
NRS 286.575 - Postretirement increases: Payment; effect on monthly benefit.
NRS 286.578 - Postretirement increases: Increases payable July 1, 1979, and July 1, 1980.
NRS 286.5785 - Postretirement increases: Increases payable July 1, 1981, and July 1, 1982.
NRS 286.590 - Alternatives to unmodified service retirement allowance.
NRS 286.612 - Charges for deferred protection: Termination; adjustments of allowances or benefits.
NRS 286.634 - Disability retirement allowance: Effective date of retirement.
NRS 286.638 - Disability retirement allowance: Reporting to Internal Revenue Service.
NRS 286.640 - Disability retirement allowance: Cancellation.
NRS 286.650 - Disability retirement allowance: Consequences of employment of recipient.
NRS 286.655 - Payments for rehabilitation in lieu of disability retirement allowance.
NRS 286.673 - Payments to child of deceased member.
NRS 286.674 - Payments to spouse of deceased member.
NRS 286.6765 - Payments to spouse if deceased member was eligible to retire.
NRS 286.6766 - Payment in lump sum to spouse; exception.
NRS 286.6767 - Designation of survivor beneficiary and additional payees by member.
NRS 286.677 - Payment to dependent parents; conditions.
NRS 286.6775 - Limitation on and reduction of amount of monthly allowance.
NRS 286.679 - Disposition of surplus of contributions if payments to beneficiary cease.
NRS 286.6793 - Time of vesting; vesting of benefits upon termination of System.
NRS 286.682 - Authorized investments: "Prudent person" standard.
NRS 286.703 - "Active business operations" defined.
NRS 286.705 - "Business operations" defined.
NRS 286.707 - "Company" defined.
NRS 286.709 - "Direct holdings" defined.
NRS 286.711 - "Inactive business operations" defined.
NRS 286.715 - "Petroleum resources" defined.
NRS 286.717 - "Scrutinized business operations" defined.
NRS 286.719 - "Scrutinized company" defined.
NRS 286.721 - Board to identify, review and create list of investments in scrutinized companies.
NRS 286.723 - Board to prepare report of investments in scrutinized companies.
NRS 286.725 - Inapplicability to certain investments.
NRS 286.737 - "Boycott of Israel" defined.
NRS 286.739 - "Company" defined.
NRS 286.741 - "Direct holdings" defined.
NRS 286.743 - "Public fund" defined.
NRS 286.745 - "Scrutinized company" defined.
NRS 286.747 - Board to identify, review and create list of investments in scrutinized companies.
NRS 286.749 - Board to prepare report of investments in scrutinized companies.
NRS 286.808 - Contributions; payment by Board of Regents on behalf of participant.
NRS 286.810 - Designation of investment entities; approval of contracts.
NRS 286.812 - Administration of program.
NRS 286.814 - Participants ineligible for membership in Public Employees’ Retirement System.
NRS 286.816 - Benefits payable only by designated investment entities.
NRS 286.820 - False statement or certification; withholding of information.