Nevada Revised Statutes 286.802 – Board of Regents to establish separate program for retirement of certain employees; contributions; enrollment
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1. The Board of Regents of the University of Nevada shall provide a retirement program separate from the Public Employees’ Retirement System. The program must provide retirement and death benefits for members of the professional staff. The State and the participants shall contribute to the cost of the program.
Terms Used In Nevada Revised Statutes 286.802
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. A person employed as a member of the professional staff who is enrolled in the Public Employees’ Retirement System at the time of the person’s employment shall remain a member of that System. Any other eligible employee must be enrolled in the retirement program.