Legislators’ Retirement Administrative Fund: Creation and purpose; assessment of administrative fee
Known as the Legislators’ Retirement Law
The act spans §§ 218–218 (36 sections).
(Added to NRS by 1991, 2370)
1. The Board shall establish a fund known as the Legislators’ Retirement Administrative Fund in which must be deposited all administrative fees.
2. The Board shall fix an administrative fee per capita sufficient to pay the expense of operating the Legislators’ Retirement System.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.