287.160 - Interstate instrumentality: Powers. - Nevada Statutes

287.160  Interstate instrumentality: Powers.

      1.  Any instrumentality jointly created by this state and any other state or states is authorized, upon the granting of like authority by such other state or states:

      (a) To enter into an agreement with the Secretary whereby the benefits of the Federal Old-Age and Survivors Insurance System shall be extended to employees of such instrumentality.

      (b) To require its employees to pay (and for that purpose to deduct from their wages) contributions equal to the amounts which they would be required to pay under subsection 1 of NRS 287.170 if they were covered by an agreement made pursuant to NRS 287.150.

      (c) To make payments to the Secretary of the Treasury in accordance with such agreement, including payments from its own funds, and otherwise to comply with such agreements.

      2.  Such agreement shall, to the extent practicable, be consistent with the terms and provisions of NRS 287.150 and other provisions of NRS 287.050 to 287.240, inclusive.

      [Part 3:420:1955]