Nevada § 286.260 Individual accounts of members; liability of Board upon return of contributions

Nevada Statutes

§ 286.260 — Individual accounts of members; liability of Board upon return of contributions

Nevada § 286.260

Title 23PUBLIC OFFICERS AND EMPLOYEES

Ch. 286Public

ADMINISTRATION

This text of Nevada § 286.260 (Individual accounts of members; liability of Board upon return of contributions) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 286.260 (2026).

Text

1.The Board shall provide for an individual account for each member of the System. Each account must show the amount of the member’s contributions to the Public Employees’ Retirement Fund or Police and Firefighters’ Retirement Fund and any changes in the account that may be legally authorized.

2.Any interest paid by a member with the repayment of withdrawn contributions or purchase of any service must not be credited to such member’s account.

3.The Board is relieved of any further liability regarding a member, the member’s estate or a beneficiary upon the return of all employee contributions to the member, the member’s estate or beneficiary or a combination thereof.

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1. The Board shall provide for an individual account for each member of the System. Each account must show the amount of the member’s contributions to the Public Employees’ Retirement Fund or Police and Firefighters’ Retirement Fund and any changes in the account that may be legally authorized.
2. Any interest paid by a member with the repayment of withdrawn contributions or purchase of any service must not be credited to such member’s account.
3. The Board is relieved of any further liability regarding a member, the member’s estate or a beneficiary upon the return of all employee contributions to the member, the member’s estate or beneficiary or a combination thereof.