Nevada § 286.555 Refund of portion of contributions to certain persons who became members on or after January 1, 2010

Nevada Statutes

§ 286.555 — Refund of portion of contributions to certain persons who became members on or after January 1, 2010

Nevada § 286.555

Title 23PUBLIC OFFICERS AND EMPLOYEES

Ch. 286Public

BENEFITS

This text of Nevada § 286.555 (Refund of portion of contributions to certain persons who became members on or after January 1, 2010) 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. § 286.555 (2026).

Text

1. A person who becomes a member of the System on or after January 1, 2010, and whose monthly service retirement allowance is determined using an average compensation amount limited by the provisions of subsection 4 of NRS 286.551 is entitled to a refund from the person’s individual account of the difference between:

(a)The amount of the employee contribution pursuant to NRS 286.410 ; and

(b)The amount the employee contribution would have been had it been actuarially determined to account for the limits imposed by the provisions of subsection 4 of NRS 286.551 . 2. The System shall pay any amount to which a person is entitled pursuant to subsection 1 upon the final determination of the amount of the person’s benefit, but not later than 6 months after the effective date of the person’s ret

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1. A person who becomes a member of the System on or after January 1, 2010, and whose monthly service retirement allowance is determined using an average compensation amount limited by the provisions of subsection 4 of NRS 286.551 is entitled to a refund from the person’s individual account of the difference between:
(a) The amount of the employee contribution pursuant to NRS 286.410 ; and
(b) The amount the employee contribution would have been had it been actuarially determined to account for the limits imposed by the provisions of subsection 4 of NRS 286.551 .
2. The System shall pay any amount to which a person is entitled pursuant to subsection 1 upon the final determination of the amount of the person’s benefit, but not later than 6 months after the effective date of the person’s retirement.