Nevada Revised Statutes
Chapter 286 - Public Employees’ Retirement
NRS 286.200 - Rules and regulations of Board: Procedure for adoption; conditions.


1. Subject to the limitations of this chapter, the Board shall, from time to time, establish rules and regulations for transacting its business and for administering the System as a public agency. The rules must include, without limitation, rules relating to the administration of the retirement plans in accordance with federal law.
2. No rule is effective until 10 days after all of the following conditions have been substantially met:
(a) A copy of the rule, in the form in which the Board proposes it, must be delivered, within 30 days after the Board proposes it, to all public employers participating in the System.
(b) As soon as a public employer receives a copy of the proposed rule, the public employer immediately shall cause the copy to be posted on a bulletin board or in some conspicuous place in or near its headquarters.
(c) If the Board deems a proposed rule to be of such length or of such other nature that it cannot feasibly be publicized by delivery and posting, a summary of the proposed rule must be delivered and posted in the manner and within the time required by paragraphs (a) and (b) of this subsection for copies of proposed rules.
(d) There must likewise be posted a notice stating that, at a specifically designated time and place at least 15 days after the delivery of the copy of the proposed rule or summary, a hearing on the proposed rule will be held, at which hearing all interested persons have an opportunity to be heard and after which the Board may adopt the proposed rule in the form in which it is originally proposed or with such amendments as are deemed necessary by the Board as a result of the hearing.
(e) A copy of the rule, in the form in which the Board finally adopts it, must be filed with the Secretary of State.
[6:181:1947; 1943 NCL § 5230.06]—(NRS A 2001, 2401)

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Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 286 - Public Employees’ Retirement

NRS 286.010 - Short title.

NRS 286.015 - Declaration of state policy; purpose of chapter.

NRS 286.016 - Definitions.

NRS 286.017 - "Actuarial computation" defined.

NRS 286.020 - "Board" defined.

NRS 286.025 - "Compensation" defined.

NRS 286.031 - "Disability retirement allowance" defined.

NRS 286.040 - "Employee" defined.

NRS 286.042 - "Firefighter" defined.

NRS 286.045 - "Independent contractor" defined.

NRS 286.050 - "Member" defined.

NRS 286.061 - "Police officer" defined.

NRS 286.065 - "Postretirement increase" defined.

NRS 286.070 - "Public employer" defined.

NRS 286.078 - "Service" defined.

NRS 286.080 - "Service retirement allowance" defined.

NRS 286.100 - "System" defined.

NRS 286.110 - Public Employees’ Retirement System: Establishment; review of System; use of state services; public inspection of certain records; liability of public employers.

NRS 286.117 - Limitations on review and copying of certain records; waiver.

NRS 286.118 - Certain information deemed to be confidential; certain information deemed to be public records; limitations on disclosure of confidential information.

NRS 286.120 - System governed by Public Employees’ Retirement Board: Name; number of members; duties of Governor; removal of members.

NRS 286.130 - Qualifications of members of Board; terms.

NRS 286.150 - Monthly meetings of Board; certain closed meetings; designation and term of Chair.

NRS 286.160 - Persons employed by Board: Appointment; salaries; qualifications; other employment of Executive Officer prohibited; exceptions.

NRS 286.170 - Administration of System; compensation and removal of employees.

NRS 286.180 - Compensation and expenses of members of Board.

NRS 286.190 - General powers and duties of Board.

NRS 286.200 - Rules and regulations of Board: Procedure for adoption; conditions.

NRS 286.211 - Duties of Board: Police and Firefighters’ Retirement Fund.

NRS 286.215 - Duties of Board: Calculation and determination of contributions, benefits and service credit related to qualified military service.

NRS 286.220 - Public Employees’ Retirement Fund.

NRS 286.225 - Police and Firefighters’ Retirement Fund.

NRS 286.227 - Police and Firefighters’ Retirement Fund Advisory Committee.

NRS 286.230 - Public Employees’ Retirement Administrative Fund.

NRS 286.241 - Fund to pay accrued benefits that are not payable because of certain limitations; benefits paid from employer contributions.

NRS 286.260 - Individual accounts of members; liability of Board upon return of contributions.

NRS 286.265 - Notice to Public Employees’ Benefits Program regarding certain changes in payment status of benefit recipients.

NRS 286.282 - Chief of Budget Division to advise Governor concerning review of System’s policies and performance.

NRS 286.287 - Board to consider investments: Meetings; duties.

NRS 286.288 - Liaison officer between System and members or employers; responsibility of System for inaccurate or misleading information.

NRS 286.290 - Conditions for membership in System.

NRS 286.293 - Persons required to participate in System.

NRS 286.297 - Persons excluded from membership in System.

NRS 286.300 - Purchase of credit for service: Requirements; sources; refund of contributions; defaults.

NRS 286.3005 - Purchase of credit for service: Public employer may purchase credit for member.

NRS 286.3007 - Purchase by state agency of credit for service: Conditions.

NRS 286.301 - Credit for free prior service.

NRS 286.303 - Free credit for military service.

NRS 286.365 - Eligibility of civilian employees of Nevada National Guard for membership in System.

NRS 286.367 - Eligibility of volunteer firefighters for membership in System: Contributions; average compensation; purchase of credit for service as volunteer firefighter and for certain military service.

NRS 286.370 - Procedure for integration of previously established retirement systems.

NRS 286.385 - Public employee on leave of absence to serve in Nevada Legislature may remain member of System.

NRS 286.391 - Public employee on leave to work for employee or employer association may remain member of System; purchase of credit for service.

NRS 286.401 - Termination of membership; rights of retired employee.

NRS 286.410 - Amount of contribution by members of System; deduction from payroll; return of contributions; members with disabilities.

NRS 286.421 - Payment of contributions by employer on behalf of employee; average compensation; total rate of contribution.

NRS 286.425 - Election by employee to have employer pay contributions.

NRS 286.430 - Withdrawal of contributions.

NRS 286.435 - Repayment upon retroactive reinstatement.

NRS 286.440 - Redeposit of withdrawn contributions upon return to service: Procedure.

NRS 286.450 - Rate of contributions by public employer.

NRS 286.460 - Remittance of contributions by public employers.

NRS 286.462 - Complaint to Department of Taxation required concerning delinquent report or payment.

NRS 286.470 - Credit for service as county commissioner, city council member or mayor: Calculation of average compensation; waiver of service; exception.

NRS 286.475 - Credit for service as Legislator before July 1, 1967: Calculation of average compensation.

NRS 286.477 - Credit for part-time employment; loss of credit.

NRS 286.479 - Service credit for military service in Persian Gulf Crisis.

NRS 286.481 - Service ineligible for credit.

NRS 286.486 - Service credited in another system ineligible; exception.

NRS 286.495 - Computation of credit for service: Generally.

NRS 286.501 - Computation of credit for service: Employees of school districts and professional staff of Nevada System of Higher Education.

NRS 286.505 - Conversion of credit for service; time for crediting service.

NRS 286.510 - Eligibility: Age and service of police officers, firefighters and other employees; reduction of benefit for retirement before required age.

NRS 286.520 - Employment of retired employee: Consequences; notice; exemptions.

NRS 286.523 - Employment of retired employee: Exception for reemployment of certain retired employees to fill positions for which critical labor shortage exists; determination and designation of such positions; limitation on length of designation of...

NRS 286.525 - Employment of retired employee: Enrollment in System; rights of membership; accrual of credit for service; benefits for survivor.

NRS 286.533 - Limitation on distributions to members of System.

NRS 286.534 - Actuarial assumptions used in computing benefits: Availability; changes prohibited.

NRS 286.535 - Limitation on compensation used to determine retirement benefit.

NRS 286.537 - Limitations on benefits and contributions.

NRS 286.538 - Minimum benefits payable to employee who became member of System before January 1, 1990.

NRS 286.539 - Prohibition against applying forfeitures to increase benefits.

NRS 286.541 - Application for service retirement allowance or disability retirement allowance; effective date of retirement; rights of present or former spouse; System exempted from liability for false designation of marital status by member or retir...

NRS 286.545 - Consent of spouse to retirement plan of member.

NRS 286.551 - Determination of monthly service retirement allowance.

NRS 286.555 - Refund of portion of contributions to certain persons who became members on or after January 1, 2010.

NRS 286.571 - Postretirement increases: Calculation of increase for persons who became members on or after January 1, 2010, and before July 1, 2015.

NRS 286.574 - Postretirement increases: Calculation of increase for persons who became members on or after July 1, 2015.

NRS 286.575 - Postretirement increases: Payment; effect on monthly benefit.

NRS 286.5756 - Postretirement increases: Persons receiving benefits before September 1, 1983, or for 3 years before increase.

NRS 286.5765 - Postretirement increases: Persons retired before July 1, 1963; persons retired before September 1, 1975, with 20 years’ credit for service; persons retired before July 1, 1989, with 20 years’ credit for service; separate account.

NRS 286.577 - Postretirement increases: Persons receiving allowance before July 1, 1975; persons with benefits commencing in 1975.

NRS 286.5775 - Postretirement increases: Increases based on years allowance received; beneficiaries of deceased employees; limitations.

NRS 286.578 - Postretirement increases: Increases payable July 1, 1979, and July 1, 1980.

NRS 286.5785 - Postretirement increases: Increases payable July 1, 1981, and July 1, 1982.

NRS 286.579 - Postretirement increases: Increase for persons receiving benefits before January 1, 1977.

NRS 286.590 - Alternatives to unmodified service retirement allowance.

NRS 286.592 - Optional plans: Death of beneficiary; change of selection; effective date of termination or adjustment of allowance.

NRS 286.612 - Charges for deferred protection: Termination; adjustments of allowances or benefits.

NRS 286.615 - Optional deduction from benefits for payments for group insurance, plan of benefits or medical and hospital service or other obligations; regulations; exemption of Executive Officer, Board and System from liability for errors or omissio...

NRS 286.620 - Disability retirement allowance: Eligibility; calculation of amount; beneficiaries; effective date of termination or adjustment of allowance.

NRS 286.630 - Disability retirement allowance: Approval or denial of application; medical examination.

NRS 286.634 - Disability retirement allowance: Effective date of retirement.

NRS 286.637 - Disability retirement allowance: Recipient to provide copy of federal income tax return; Board may require medical examinations.

NRS 286.638 - Disability retirement allowance: Reporting to Internal Revenue Service.

NRS 286.640 - Disability retirement allowance: Cancellation.

NRS 286.650 - Disability retirement allowance: Consequences of employment of recipient.

NRS 286.655 - Payments for rehabilitation in lieu of disability retirement allowance.

NRS 286.660 - Death of certain member before retirement: Disposition of money to member’s credit in Public Employees’ Retirement Fund.

NRS 286.665 - Death of member, retired employee or beneficiary: Transfer of contributions to retirement fund under certain circumstances; procedure for claiming transferred money.

NRS 286.667 - Allowance for retired police officer or firefighter: Benefits for spouse upon death; credit for certain other service prohibited; costs of benefit paid by employee.

NRS 286.668 - Forfeiture of rights and benefits under System for conviction of certain felonies; return of contributions upon conviction.

NRS 286.669 - Person convicted of murder or voluntary manslaughter of member ineligible to receive benefits.

NRS 286.670 - Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions.

NRS 286.6703 - Payment of allowance or benefit to alternate payee pursuant to domestic relations order.

NRS 286.6705 - Transfer of unpaid check for benefits or refund to retirement fund; claim for payment of money; period of limitation.

NRS 286.671 - Definitions.

NRS 286.672 - Eligibility.

NRS 286.673 - Payments to child of deceased member.

NRS 286.674 - Payments to spouse of deceased member.

NRS 286.676 - Payments to spouse of deceased member who had 10 or more years of accredited contributing service.

NRS 286.6765 - Payments to spouse if deceased member was eligible to retire.

NRS 286.6766 - Payment in lump sum to spouse; exception.

NRS 286.67665 - Payments to spouse of member killed in line of duty or course of employment on or after July 1, 2013.

NRS 286.6767 - Designation of survivor beneficiary and additional payees by member.

NRS 286.67675 - Payments to survivor beneficiary of and to additional payees designated by deceased member.

NRS 286.6768 - Payments to survivor beneficiary of and to additional payees designated by deceased member who had 10 or more years of accredited contributing service.

NRS 286.67685 - Payment to survivor beneficiary of and to additional payees designated by deceased member if deceased member was eligible to retire.

NRS 286.6769 - Payment in lump sum to survivor beneficiary of and to additional payees designated by member; exception.

NRS 286.67695 - Payments to survivor beneficiary of member killed in line of duty or course of employment on or after July 1, 2013.

NRS 286.677 - Payment to dependent parents; conditions.

NRS 286.6775 - Limitation on and reduction of amount of monthly allowance.

NRS 286.679 - Disposition of surplus of contributions if payments to beneficiary cease.

NRS 286.6793 - Time of vesting; vesting of benefits upon termination of System.

NRS 286.680 - Investment by Board of money in funds; qualifications and employment of investment counsel; employment of other services; liability for investment decisions.

NRS 286.682 - Authorized investments: "Prudent person" standard.

NRS 286.701 - Definitions.

NRS 286.703 - "Active business operations" defined.

NRS 286.705 - "Business operations" defined.

NRS 286.707 - "Company" defined.

NRS 286.709 - "Direct holdings" defined.

NRS 286.711 - "Inactive business operations" defined.

NRS 286.713 - "Iran" defined.

NRS 286.715 - "Petroleum resources" defined.

NRS 286.717 - "Scrutinized business operations" defined.

NRS 286.719 - "Scrutinized company" defined.

NRS 286.721 - Board to identify, review and create list of investments in scrutinized companies.

NRS 286.723 - Board to prepare report of investments in scrutinized companies.

NRS 286.725 - Inapplicability to certain investments.

NRS 286.735 - Definitions.

NRS 286.737 - "Boycott of Israel" defined.

NRS 286.739 - "Company" defined.

NRS 286.741 - "Direct holdings" defined.

NRS 286.743 - "Public fund" defined.

NRS 286.745 - "Scrutinized company" defined.

NRS 286.747 - Board to identify, review and create list of investments in scrutinized companies.

NRS 286.749 - Board to prepare report of investments in scrutinized companies.

NRS 286.802 - Board of Regents to establish separate program for retirement of certain employees; contributions; enrollment.

NRS 286.804 - Program may be separate system or fund; participation in larger system or fund; provision of benefits through investment entity or combination of entities.

NRS 286.808 - Contributions; payment by Board of Regents on behalf of participant.

NRS 286.810 - Designation of investment entities; approval of contracts.

NRS 286.812 - Administration of program.

NRS 286.814 - Participants ineligible for membership in Public Employees’ Retirement System.

NRS 286.816 - Benefits payable only by designated investment entities.

NRS 286.820 - False statement or certification; withholding of information.