Assembly Bill No. 592–Committee on Judiciary
(On Behalf of Administrative Office of the Courts)
March 17, 1999
____________
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.
~
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 his judicial1-8
services during the last year thereof, payable every 2 weeks from money1-9
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 aggregating 5 years and has ended such service is, after reaching1-13
the age of 60 years, entitled to receive annually from the State of Nevada,1-14
as a pension during the remainder of his life, a sum of money equal in1-15
amount to1-16
judicial services during the last year thereof, payable every 2 weeks from1-17
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
2-4
3.4091 percent of the sum received as a salary for his judicial services2-5
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 spends in2-10
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’ retirement system.2-20
7. Any justice of the supreme court who desires to receive the benefits2-21
of this section must file with the state controller and the state treasurer an2-22
affidavit setting forth the fact that he is ending his service, the date and2-23
place of his birth, and the years he has served in any district court or the2-24
supreme court.2-25
8. Upon such notice and filing of the affidavit, the state controller shall2-26
draw his warrant, payable to the justice who has thus ended his service,2-27
upon the state treasurer for the sum due to him, and the state treasurer shall2-28
pay the sum out of money provided by direct legislative appropriation.2-29
9. The faith of the State of Nevada is hereby pledged that this section2-30
shall not be repealed or amended so as to affect any justice of the supreme2-31
court who may have ended his service pursuant to it.2-32
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 justice of2-34
the supreme court or judge of a district court in any one or more of those2-35
courts for a period or periods aggregating 22 years and has ended such2-36
service is, after reaching the age of 60 years, entitled to receive annually2-37
from the State of Nevada, as a pension during the remainder of his life, a2-38
sum of money equal in amount to three-fourths the sum received as a salary2-39
for his judicial services during the last year thereof, payable every 2 weeks2-40
from money provided by direct legislative appropriation.2-41
2. Any judge of the district court who has served as a justice of the2-42
supreme court or judge of a district court in any one or more of those courts2-43
for a period or periods aggregating 5 years and has ended such service is,3-1
after reaching the age of 60 years, entitled to receive annually from the3-2
State of Nevada, as a pension during the remainder of his life, a sum of3-3
money equal in amount to3-4
salary for his judicial services during the last year thereof, payable every 23-5
weeks from money provided by direct legislative appropriation.3-6
3. Any judge of the district court who qualifies for a pension under the3-7
provisions of subsection 2 is entitled to receive, for each year served3-8
3-9
3.4091 percent of the sum received as a salary for his judicial services3-10
during the last year thereof, payable as provided in subsection 2.3-11
4. Any judge of the district court who has retired pursuant to3-12
subsection 3 and is thereafter recalled to additional active service in the3-13
court system is entitled to receive credit toward accumulating 22 years’3-14
service for the maximum pension based upon the time he actually spends in3-15
the additional active service.3-16
5. Any3-17
necessary to retire but has not attained the required age may retire at any3-18
age with a benefit actuarially reduced to the required retirement age. A3-19
retirement benefit under this subsection must be reduced in the same3-20
manner as benefits are reduced for persons retired under the public3-21
employees’ retirement system.3-22
6. Any person receiving a pension pursuant to the provisions of this3-23
section is entitled to receive post-retirement increases equal to those3-24
provided for persons retired in the public employees’ retirement system.3-25
7. Any judge of the district court who desires to receive the benefits of3-26
this section must file with the state controller and the state treasurer an3-27
affidavit setting forth the fact that he is ending his service, the date and3-28
place of his birth, and the years he has served in any district court or the3-29
supreme court.3-30
8. Upon such notice and filing of the affidavit, the state controller shall3-31
draw his warrant, payable to the judge who has thus ended his service, upon3-32
the state treasurer for the sum due to him, and the state treasurer shall pay3-33
the sum out of money provided by direct legislative appropriation.3-34
9. The faith of the State of Nevada is hereby pledged that this section3-35
shall not be repealed or amended so as to affect any judge of the district3-36
court who may have ended his service pursuant to it.3-37
Sec. 3. This act becomes effective on July 1, 1999.~