NRS 218C.110
Effect of termination or partial termination of System.

Upon the termination or partial termination of the Legislators’ Retirement System:

1.

Except as otherwise provided in subsection 2, all accrued benefits that are funded must become 100 percent vested and nonforfeitable.

2.

A Legislator who receives his or her vested accrued benefits in a complete cash distribution before the termination is not entitled to the vesting of any benefits which have been forfeited.
ADMINISTRATION

Source: Section 218C.110 — Effect of termination or partial termination of System., https://www.­leg.­state.­nv.­us/NRS/NRS-218C.­html#NRS218CSec110.

Last Updated

Jun. 24, 2021

§ 218C.110’s source at nv​.us