Prohibition against applying forfeitures to increase benefits.

NRS 218C.560, under LEGISLATORS’ RETIREMENT.

NRS 218C.560

NRS 218C.560 Prohibition against applying forfeitures to increase benefits. Forfeitures must not be applied to increase the benefits any member would otherwise receive pursuant to the provisions governing the Legislators’ Retirement System as provided by section 401(a)(8) of the Internal Revenue Code, 26 U.S.C. § 401(a)(8). (Added to NRS by 1991, 2370; A 2011, 823)