NRS 218C.390
Deduction and payment of contributions.

Except as otherwise provided in NRS 286.385, the Director shall:

1.

Deduct from the compensation of each Legislator who is a member of the Legislators’ Retirement System an amount equal to 15 percent of the gross compensation earned as a Legislator and transmit that amount to the Board together with the necessary forms prescribed by the Board at intervals designated by the Board; and

2.

Pay to the Board from the Legislative Fund an amount as the contribution of the State of Nevada as employer which is actuarially determined to be sufficient to provide the System with enough money to pay all benefits for which the System will be liable.

ELIGIBILITY FOR RETIREMENT

Source: Section 218C.390 — Deduction and payment of contributions., https://www.leg.state.nv.us/NRS/NRS-218C.html#NRS218CSec390.

218C.300
Transfer of service from Public Employees’ Retirement System 218C.310
Continuation of service under Public Employees’ Retirement System 218C.320
Membership in System mandatory 218C.330
Election not to participate as member of System 218C.340
Limitations on contributions and benefits under federal law. 218C.350
Computation of service credit. 218C.360
Computation of service credit for legislative service before July 1, 1967 218C.370
Purchase of service credit: General requirements. 218C.380
Purchase of service credit: Deferred payment 218C.390
Deduction and payment of contributions.

Last Updated

Jun. 24, 2021

§ 218C.390’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_218c.390

Original Source: Section 218C.390 — Deduction and payment of contributions., https://www.leg.state.nv.us/NRS/NRS-218C.html#NRS218CSec390 (last accessed Jun. 24, 2021).

NRS 218C.390 Deduction and payment of contributions.

1.

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NRS 218C.390
Deduction and payment of contributions.