Effect of termination or partial termination of System.
Nev. Rev. Stat. § 218C.110
in effectUpon 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-218C.htmlFetched: 10/4/2026
