Eligible retired public employees receive retirement allowances through membership in and contributions to the Public Employees' Retirement System. (Chapter 286 of NRS) Under existing law, certain persons are not eligible to be members of the System, including substitute teachers. (NRS 286.297) Section 1 of this bill makes substitute teachers eligible for membership in the System. Existing law provides several different alternative options to an unmodified retirement allowance under the Public Employees' Retirement System that members are authorized to elect upon retirement. (NRS 286.590) Section 2 of this bill provides the additional alternative option of a reduced service retirement allowance with a benefit paid for 6 months to a designated beneficiary or an alternate beneficiary. Existing law specifies certain powers and duties of courts in granting a divorce. (NRS 125.150) Section 2.5 of this bill requires a court, in granting a divorce, to provide an explanation, or ensure that an explanation has been provided, to the parties of any provision relating to the disposition of pension or retirement benefits that will be included in the decree of divorce or any related order.

Statutes affected:
As Introduced: 286.297, 286.590, 125.155
Reprint 1: 286.297, 286.590, 125.150, 125.155
Reprint 2: 286.297, 286.590, 125.150
As Enrolled: 286.297, 286.590, 125.150
BDR: 286.297, 286.590, 125.155