NRS 286.010 – Short title.
This chapter shall be known as the Public Employees’ Retirement Act. [1:181:1947; 1943 NCL § 5230.01]
This chapter shall be known as the Public Employees’ Retirement Act. [1:181:1947; 1943 NCL § 5230.01]
1. It is the policy of this State to provide, through the Public Employees’ Retirement System: (a) A reasonable base income to qualified employees who have been employed by a public employer and whose earning capacity has been removed or has been substantially reduced by age or disability. (b) An orderly method of promoting and […]
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 286.017 to 286.100, inclusive, have the meanings ascribed to them in such sections. (Added to NRS by 1975, 1028)
“Actuarial computation” means the computation based on benefits earned and life expectancy of member and beneficiary to determine necessary reduction of benefits under retirement options or to determine cost of purchasing additional benefits as provided in this chapter. (Added to NRS by 1975, 1028)
“Board” means the Public Employees’ Retirement Board. [Part 4:181:1947; A 1949, 174; 1955, 23]—(NRS A 1975, 1029)
1. Except as otherwise provided by specific statute, “compensation” is the salary paid to a member by the member’s principal public employer. 2. The term includes: (a) Base pay, which is the monthly rate of pay excluding all fringe benefits. (b) Additional payment: (1) As applicable to a member who has an effective date of […]
“Disability retirement allowance” means monthly payments from the Public Employees’ Retirement Fund or the Police and Firefighters’ Retirement Fund paid to retired employees with disabilities. (Added to NRS by 1975, 1028; A 1979, 255; 2003, 2051)
1. “Employee” means: (a) A public officer of the State of Nevada or its political subdivisions. (b) Any person employed by a public employer whose compensation is provided by the public employer and who is under the direction or control of officers of the public employer. 2. “Employee” does not include independent contractors or persons […]
“Firefighter” means a member who is: 1. Filling a full-time position with a participating public employer, the principal duties of which require emotional stability and physical capacity in protecting the public and controlling and extinguishing fires. 2. The former holder of a position defined in subsection 1 who has: (a) Earned at least 2 years […]
“Independent contractor” means any person who renders specified services for a stipulated fee who is not under the control of a public employer, except as regards the result of the person’s work, and who does not receive employment benefits such as annual leave and group insurance. (Added to NRS by 1975, 1028)
“Member” means a person: 1. Who is employed by a participating public employer and who is contributing to the System; or 2. Who has previously been in the employ of a participating public employer and who has contributed to the System but who subsequently terminates such employment without withdrawing the person’s contributions. [Part 2:181:1947; A […]
“Police officer” means a member who is: 1. Filling a full-time position with a participating public employer, the principal duties of which require emotional stability and physical capacity in protecting the public and enforcing the laws of the State of Nevada or any of its political subdivisions. 2. The former holder of a position defined […]
“Postretirement increase” means the monthly cost-of-living increase added to the monthly payments of: 1. Persons receiving disability retirement allowances or service retirement allowances; 2. Beneficiaries of deceased members receiving allowances; and 3. Persons receiving monthly benefits for survivors, pursuant to the terms of this chapter. (Added to NRS by 1975, 1028; A 1979, 255)
1. “Public employer” means the State, one of its agencies or one of its political subdivisions, the System, irrigation districts created under the laws of the State of Nevada, a public or quasi-public organization or agency that is funded, at least in part, by public money, including a regional transportation commission, a governing body of […]
“Service” means all creditable employment which is validated under the provisions of this chapter and can be used in determining eligibility and scope of benefits for members. (Added to NRS by 1975, 1029)
“Service retirement allowance” means monthly payments from the Public Employees’ Retirement Fund or the Police and Firefighters’ Retirement Fund paid to a retired employee for the remainder of the retired employee’s life. [Part 2:181:1947; A 1949, 174; 1951, 269; 1951, 324]—(NRS A 1975, 1029; 1979, 256; 2003, 2052)
“System” means the Public Employees’ Retirement System established by this chapter. [Part 2:181:1947; A 1949, 174; 1951, 269; 1951, 324]—(NRS A 1975, 1030)
1. A system of retirement providing benefits for the retirement, disability or death of employees of public employers and funded on an actuarial reserve basis is hereby established and must be known as the Public Employees’ Retirement System. The System is a public agency supported by administrative fees transferred from the retirement funds. The Executive […]
Except as otherwise provided in NRS 286.118, all records and files maintained for a member, retired employee or beneficiary may be reviewed and copied only by the System, the member, the member’s public employer or spouse, or the retired employee or the retired employee’s spouse, or pursuant to a court order, or by a beneficiary […]
1. Except as otherwise provided in this section, all information about a current or former member of a public retirement system administered by the Board, or a beneficiary of such a member, which is contained in a record or file in the possession, control or custody of the Board is confidential regardless of the form, […]