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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Except as otherwise provided in NRS 1A.520 and 31A.150 and as limited by subsection 2, the right of a person to a pension, an annuity, a retirement allowance, the pension, annuity or retirement allowance itself, any optional benefit or death benefit or any other right accrued or accruing to any person under the provisions of this chapter, and the money in the Judicial Retirement Fund, is:
(a) Exempt from all state, county and municipal taxes;
(b) Not subject to execution, garnishment, attachment or any other process;
(c) Not subject to the operation of any bankruptcy or insolvency law;
(d) Not assignable, by power of attorney or otherwise; and
(e) Exempt from assessment for the impairment or insolvency of any life or health insurance company.
2. The System may withhold money from a benefit when the person applying for or receiving the benefit owes money to the System.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 1. State Judicial Department § 1A.120. Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-1-state-judicial-department/nv-rev-st-1a-120/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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