Section 426.383 - Retirement income benefit for operators1. The Bureau will pay each licensed operator annually a retirement income benefit if: (a) A majority of the Nevada Committee of Vendors Who Are Blind approves the payment;(b) A majority of the licensed operators approves the payment; and(c) The Bureau determines that money for the payment is available in the Business Enterprise Account for Persons Who Are Blind.2. The Bureau, in consultation with the Nevada Committee of Vendors Who Are Blind, will develop policies and procedures to determine:(a) The eligibility of an operator to receive the retirement income benefit pursuant to this section; and(b) The amount of money to be paid to an operator who is eligible to receive a retirement income benefit pursuant to this section.3. In developing policies and procedures pursuant to subsection 2, the Bureau, in consultation with the Nevada Committee of Blind Vendors, will give consideration to all relevant factors, including, without limitation: (a) The amount of money in the Business Enterprise Account for Persons Who Are Blind; (b) The current and projected expenses of the Bureau and other required uses of the money; (c) Any reserves which the Bureau determines it must maintain; and(d) The number of operators who are anticipated to be eligible to receive a retirement income benefit pursuant to this section.Nev. Admin. Code § 426.383
Added to NAC by Bur. of Services to the Blind & Vis. Impaired by R091-00, eff. 9-25-2000; A by R228-05, 5-4-2006; A by Bur. of Services to Persons Who Are Blind or Vis. Impaired by R175-09, 6-30-2010; Added to NAC by Bur. of Services to the Blind & Vis. Impaired by R091-00, eff. 9-25-2000; A by R228-05, 5-4-2006; A by Bur. of Services to Persons Who Are Blind or Vis. Impaired by R175-09, 6-30-2010; A by R085-13, eff. 6/26/2015NRS 426.560, 426.670, 426.675