Nev. Admin. Code § 353B.365 - Requirements for matching contribution by employer on behalf of qualified beneficiary

1. An employer may make a matching contribution to the Trust Fund on behalf of a qualified beneficiary on whose behalf a contract is drawn pursuant to NRS 353B.100.

2. Before an employer makes a matching contribution to a contract pursuant to subsection 1, the employee must provide to the employer proof of payment on the contract.

3. An employer that makes a matching contribution pursuant to this section must submit to the Board the:

(a) Name of the employee on whose behalf the matching contribution is made;

(b) The number of the contract; and

(c) Proof that the employer has made a matching contribution on behalf of the employee.

Notes

Nev. Admin. Code § 353B.365

Added to NAC by Bd. of Trustees for Higher Educ. Tuition Trust Fund by R118-16A, eff. 12/21/2016

NRS 353B.090