Nevada § 2.060 - Pensions

§ 2.060. Pensions

1. Any justice of the Supreme Court who has served as a justice or judge of the Court

of Appeals or a district court in any one or more of those courts for a period or

periods aggregating 22 years and has ended such service is, after reaching the age

of 60 years, entitled to receive annually from the State of Nevada, as a pension during

the remainder of his or her life, a sum of money equal in amount to three-fourths

the sum received as a salary for his or her judicial services during the last year

thereof, payable monthly from the Judicial Retirement Fund established pursuant to NRS 1A.160 . 2. Any justice of the Supreme Court who has served as a justice or judge of the Court

of Appeals or a district court in any one or more of those courts for a period or

periods aggregating 5 years and has ended such service is, after reaching the age

of 60 years, entitled to receive annually from the State of Nevada, as a pension during

the remainder of his or her life, a sum of money equal in amount to 4.1666 percent

of the sum received as a salary for his or her judicial services during the last year

thereof, payable monthly from the Judicial Retirement Fund established pursuant to NRS 1A.160 . 3. Any justice of the Supreme Court who qualifies for a pension under the provisions

of subsection 2 is entitled to receive, for each year served beyond 5 years up to

a maximum of 22 years, an additional 4.1666 percent of the sum received as a salary

for his or her judicial services during the last year thereof, payable as provided

in subsection 2. 4. Any justice who has retired pursuant to subsection 3 and is thereafter recalled

to additional active service in the court system is entitled to receive credit toward

accumulating 22 years' service for the maximum pension based upon the time he or she

actually spends in the additional active service. 5. Any justice who has the years of service necessary to retire but has not attained

the required age may retire at any age with a benefit actuarially reduced to the required

retirement age. A benefit under this subsection must be reduced in the same manner as benefits are

reduced for persons retired under the Public Employees' Retirement System. 6. Any person receiving a pension pursuant to the provisions of this section is entitled

to receive postretirement increases equal to those provided for persons retired under

the Public Employees' Retirement System. 7. Any justice who desires to receive the benefits of this section must file with

the Executive Officer of the Public Employees' Retirement Board an affidavit setting

forth the fact that the justice is ending his or her service, the date and place of

his or her birth, and the years he or she has served in any district court, the Court

of Appeals or the Supreme Court. 8. Any justice who has retired and is thereafter recalled to additional active service

in the court system as a senior justice is entitled to receive a retirement allowance

during the period of reemployment in addition to compensation for services. 9. The faith of the State of Nevada is hereby pledged that this section shall not

be repealed or amended so as to affect any justice who may have ended his or her service

pursuant to it.