Nevada Public Officers and Employees

Sec. § 287.440
Governing body may appoint committee to administer program; powers of committee.


The governing body of a political subdivision may appoint a committee to which it may delegate the responsibility for administering the program for its employees, including:


Collection of deferred compensation;


Transmittal of money collected to depositories within the State; and


Payment of deferred compensation to participating employees.


The committee may contract with a private person, corporation, institution or other entity, directly or through an agency of the political subdivision, for services necessary to the administration of the plan, including without limitation:


Consolidated billing;


Recordkeeping for each participating employee and the program;


Purchase, control and safeguarding of assets;


Communication with its employees; and


Administration and coordination of the program.

Last accessed
Feb. 5, 2021