Nevada § 286.590 - Alternatives to unmodified service retirement allowance
Full text of Nevada Nevada Revised Statutes § 286.590 — Alternatives to unmodified service retirement allowance, with citation guidance and answers to common questions.
§ 286.590. Alternatives to unmodified service retirement allowance
The alternatives to an unmodified service retirement allowance are as follows: 1. Option 2 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that it continue after the retired
employee's death for the life of the beneficiary whom the retired employee nominates
by written designation acknowledged and filed with the Board at the time of retirement
should the beneficiary survive the retired employee. 2. Option 3 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that it continue after the retired
employee's death at one-half the rate paid to the retired employee and be paid for
the life of the beneficiary whom the retired employee nominates by written designation
acknowledged and filed with the Board at the time of retirement should the beneficiary
survive the retired employee. 3. Option 4 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that it continue after the retired
employee's death for the life of the retired employee's beneficiary, whom the retired
employee nominates by written designation acknowledged and filed with the Board at
the time of the election, should the retired employee's beneficiary survive the retired
employee, beginning on the attainment by the surviving beneficiary of age 60. If a beneficiary designated under this option dies after the date of the retired
employee's death but before attaining age 60, the contributions of the retired employee
which have not been returned to the retired employee or the retired employee's beneficiary
must be paid to the estate of the deceased beneficiary. 4. Option 5 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that it continue after the retired
employee's death at one-half the rate paid to the retired employee and be paid for
the life of the retired employee's beneficiary whom the retired employee nominates
by written designation acknowledged and filed with the Board at the time of the election,
should the retired employee's beneficiary survive the retired employee, beginning
on the attainment by the surviving beneficiary of age 60. If a beneficiary designated under this option dies after the date of the retired
employee's death but before attaining age 60, the contributions of the retired employee
which have not been returned to the retired employee or the retired employee's beneficiary
must be paid to the estate of the deceased beneficiary. 5. Option 6 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that a specific sum per month, which
cannot exceed the monthly allowance paid to the retired employee, be paid after the
retired employee's death to the beneficiary for the life of the beneficiary whom the
retired employee nominates by written designation acknowledged and filed with the
Board at the time of retirement, should the beneficiary survive the retired employee. 6. Option 7 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that a specific sum per month, which
cannot exceed the monthly allowance paid to the retired employee, be paid after the
retired employee's death to the beneficiary for the life of the beneficiary whom the
retired employee nominates by written designation acknowledged and filed with the
Board at the time of election, should the beneficiary survive the retired employee,
beginning on the attainment by the surviving beneficiary of age 60 years. If a surviving beneficiary dies after the date of the retired employee's death,
but before attaining age 60, all contributions of the retired employee which have
not been returned to the retired employee or the retired employee's beneficiary must
be paid to the estate of the beneficiary. 7. Option 8 consists of a reduced service retirement allowance payable monthly during
the retired employee's life, with the provision that a specific sum per month, which
cannot exceed the monthly allowance paid to the retired employee, be paid for 6 months
after the retired employee's death to the beneficiary whom the retired employee nominates
by written designation acknowledged and filed with the Board at the time of retirement,
should the beneficiary survive the retired employee. The retired employee may also designate at the time of retirement one alternate
beneficiary should the initial designated beneficiary not survive the retired employee. Except as otherwise provided in this subsection, if the designated beneficiary dies
less than 6 months after the date of the retired employee's death, any amount which
has not been paid to the designated beneficiary pursuant to this subsection must be
paid to the estate of the designated beneficiary. If the retired employee designated an alternate beneficiary, any amount which has
not been paid pursuant to this subsection to the initial designated beneficiary before
the initial designated beneficiary's death must be paid to the alternate designated
beneficiary. If the alternate designated beneficiary also later dies less than 6 months after
the date of the retired employee's death, any amount which has not been paid to the
alternate designated beneficiary pursuant to this subsection must be paid to the estate
of the alternate designated beneficiary. If the initial designated beneficiary and, if applicable, the alternate designated
beneficiary do not survive the retired employee, any amount which is required to be
paid pursuant to this subsection to a beneficiary must be paid to the estate of the
retired employee.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 286.590
What does Nevada Revised Statutes § 286.590 cover?
Section 286.590 ("Alternatives to unmodified service retirement allowance") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 286.590?
A common citation format is "Nevada Revised Statutes § 286.590" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 286.590 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.