Assembly Bill No. 592–Committee on Judiciary
(On Behalf of Administrative Office of the Courts)
March 17, 1999
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Referred to Committee on Judiciary
SUMMARY—Revises formula for calculation of pensions of justices of supreme court and district court judges. (BDR 1-848)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: Yes.
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EXPLANATION – Matter in
bolded italics is new; matter between brackets
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
1-1
Section 1. NRS 2.060 is hereby amended to read as follows: 2.060 1. Any justice of the supreme court who has served as a justice1-3
or judge of a district court in any one or more of those courts for a period1-4
or periods aggregating 22 years and has ended such service is, after1-5
reaching the age of 60 years, entitled to receive annually from the State of1-6
Nevada, as a pension during the remainder of his life, a sum of money1-7
equal in amount to three-fourths the sum received as a salary for his1-8
judicial services during the last year thereof, payable every 2 weeks from1-9
money provided by direct legislative appropriation.1-10
2. Any justice of the supreme court who has served as a justice or1-11
judge of a district court in any one or more of those courts for a period or1-12
periods aggregating1-13
reaching the age of 60 years, entitled to receive annually from the State of1-14
Nevada, as a pension during the remainder of his life, a sum of money1-15
equal in amount to1-16
for his judicial services during1-17
every 2 weeks from money provided by direct legislative appropriation.2-1
3. Any justice of the supreme court who qualifies for a pension under2-2
the provisions of subsection 2 is entitled to receive, for each year served2-3
beyond2-4
2-5
services during the last year thereof, payable as provided in subsection 2.2-6
4. Any justice of the supreme court who has retired pursuant to2-7
subsection 3 and is thereafter recalled to additional active service in the2-8
court system is entitled to receive credit toward accumulating 22 years’2-9
service for the maximum pension based upon the time he actually spends2-10
in the additional active service.2-11
5. Any justice of the supreme court who has the years of service2-12
necessary to retire but has not attained the required age may retire at any2-13
age with a benefit actuarially reduced to the required retirement age. A2-14
retirement benefit under this subsection must be reduced in the same2-15
manner as benefits are reduced for persons retired under the public2-16
employees’ retirement system.2-17
6. Any person receiving a pension pursuant to the provisions of this2-18
section is entitled to receive post-retirement increases equal to those2-19
provided for persons retired under the public employees’ retirement2-20
system.2-21
7. Any justice of the supreme court who desires to receive the benefits2-22
of this section must file with the state controller and the state treasurer an2-23
affidavit setting forth the fact that he is ending his service, the date and2-24
place of his birth, and the years he has served in any district court or the2-25
supreme court.2-26
8. Upon such notice and filing of the affidavit, the state controller shall2-27
draw his warrant, payable to the justice who has thus ended his service,2-28
upon the state treasurer for the sum due to him, and the state treasurer shall2-29
pay the sum out of money provided by direct legislative appropriation.2-30
9. The faith of the State of Nevada is hereby pledged that this section2-31
shall not be repealed or amended so as to affect any justice of the supreme2-32
court who may have ended his service pursuant to it.2-33
Sec. 2. NRS 3.090 is hereby amended to read as follows: 3.090 1. Any judge of the district court who has served as a justice2-35
of the supreme court or judge of a district court in any one or more of2-36
those courts for a period or periods aggregating 22 years and has ended2-37
such service is, after reaching the age of 60 years, entitled to receive2-38
annually from the State of Nevada, as a pension during the remainder of2-39
his life, a sum of money equal in amount to three-fourths the sum received2-40
as a salary for his judicial services during the last year thereof, payable2-41
every 2 weeks from money provided by direct legislative appropriation.2-42
2. Any judge of the district court who has served as a justice of the2-43
supreme court or judge of a district court in any one or more of those3-1
courts for a period or periods aggregating3-2
such service is, after reaching the age of 60 years, entitled to receive3-3
annually from the State of Nevada, as a pension during the remainder of3-4
his life, a sum of money equal in amount to3-5
sum received as a salary for his judicial services during3-6
3-7
legislative appropriation.3-8
3. Any judge of the district court who qualifies for a pension under the3-9
provisions of subsection 2 is entitled to receive, for each year served3-10
beyond3-11
3-12
services during the last year thereof, payable as provided in subsection 2.3-13
4. Any judge of the district court who has retired pursuant to3-14
subsection 3 and is thereafter recalled to additional active service in the3-15
court system is entitled to receive credit toward accumulating 22 years’3-16
service for the maximum pension based upon the time he actually spends3-17
in the additional active service.3-18
5. Any3-19
service necessary to retire but has not attained the required age may retire3-20
at any age with a benefit actuarially reduced to the required retirement age.3-21
A retirement benefit under this subsection must be reduced in the same3-22
manner as benefits are reduced for persons retired under the public3-23
employees’ retirement system.3-24
6. Any person receiving a pension pursuant to the provisions of this3-25
section is entitled to receive post-retirement increases equal to those3-26
provided for persons retired in the public employees’ retirement system.3-27
7. Any judge of the district court who desires to receive the benefits of3-28
this section must file with the state controller and the state treasurer an3-29
affidavit setting forth the fact that he is ending his service, the date and3-30
place of his birth, and the years he has served in any district court or the3-31
supreme court.3-32
8. Upon such notice and filing of the affidavit, the state controller shall3-33
draw his warrant, payable to the judge who has thus ended his service,3-34
upon the state treasurer for the sum due to him, and the state treasurer shall3-35
pay the sum out of money provided by direct legislative appropriation.3-36
9. The faith of the State of Nevada is hereby pledged that this section3-37
shall not be repealed or amended so as to affect any judge of the district3-38
court who may have ended his service pursuant to it.3-39
Sec. 3. This act becomes effective on July 1, 1999.~