218C.530 - Limitation on compensation used to determine benefits.
218C.530 Limitation on compensation used to determine benefits. Notwithstanding any other provision of law, the amount of compensation used to determine the retirement benefit of a member of the Legislators’ Retirement System must not exceed the limitation provided by section 401(a)(17) of the Internal Revenue Code (26 U.S.C. § 401(a)(17)), as that section existed on July 5, 1991.
(Added to NRS by 1991, 2369)—(Substituted in revision for NRS 218.23905)