Nevada Code § 2.060

Pensions
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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.

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