Forfeitures must not be applied to increase the benefits any member would otherwise receive pursuant to the provisions governing the System as provided by section 401(a)(8) of the Internal Revenue Code, 26 U.S.C. § 401(a)(8).
NRS 286.539
Prohibition against applying forfeitures to increase benefits
Known as the Public Employees’ Retirement Act
The act spans §§ 286–286 (165 sections).
(Added to NRS by 1991, 2355; A 2011, 823)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.