218C.560 - Prohibition against applying forfeitures to increase benefits.
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)), as that section existed on July 5, 1991.
(Added to NRS by 1991, 2370)—(Substituted in revision for NRS 218.23908)