SB 126
Revises provisions relating to domestic relations. (BDR 11-582)
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Bill overview
This bill revises Nevada law regarding domestic relations, specifically focusing on how pension and retirement benefits are handled during divorce. It requires a full explanation of any provisions related to these benefits in divorce decrees and shifts the calculation of community interest in retirement benefits from the ‘time rule’ to the ‘frozen benefit rule,’ which ‘freezes’ the benefit at the employee’s salary and years of service as of the date of the divorce. The bill also mandates that any order related to community property disposition in a divorce decree be explicitly referenced in the original divorce decree.
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