Nevada Administrative Code
Chapter 286 - Public Employees' Retirement
Section 286.200 - Purchase of service: Cost for employees other than police officers and firefighters
Universal Citation: NV Admin Code 286.200
Current through September 16, 2024
1. The cost of purchasing service will be calculated by multiplying the percentage corresponding to the age of the member at the time of the purchase by his or her average compensation at the time of the purchase. The percentages for regular members are:
Age | Percentage | Age | Percentage | Age | Percentage | Age | Percentage |
18 | 9.8 | 34 | 13.6 | 50 | 18.7 | 66 | 18.5 |
19 | 10.0 | 35 | 13.9 | 51 | 19.1 | 67 | 17.9 |
20 | 10.2 | 36 | 14.2 | 52 | 19.5 | 68 | 17.3 |
21 | 10.4 | 37 | 14.4 | 53 | 19.9 | 69 | 16.8 |
22 | 10.6 | 38 | 14.7 | 54 | 20.3 | 70 | 16.2 |
23 | 10.9 | 39 | 15.0 | 55 | 20.7 | 71 | 15.6 |
24 | 11.1 | 40 | 15.3 | 56 | 21.1 | 72 | 15.1 |
25 | 11.3 | 41 | 15.7 | 57 | 21.5 | 73 | 14.5 |
26 | 11.6 | 42 | 16.0 | 58 | 22.0 | 74 | 14.0 |
27 | 11.8 | 43 | 16.3 | 59 | 22.4 | 75 | 13.4 |
28 | 12.0 | 44 | 16.6 | 60 | 21.9 | 76 | 12.8 |
29 | 12.3 | 45 | 17.0 | 61 | 21.3 | 77 | 12.3 |
30 | 12.5 | 46 | 17.3 | 62 | 20.8 | 78 | 11.7 |
31 | 12.8 | 47 | 17.7 | 63 | 20.2 | 79 | 11.2 |
32 | 13.1 | 48 | 18.0 | 64 | 19.7 | 80 | 10.7 |
33 | 13.3 | 49 | 18.4 | 65 | 19.1 |
2. The percentages listed in subsection 1 apply even if service is purchased when the employee retires.
Pub. Emp. Retirement Bd., § 23, eff. 7-16-82
NRS 286.200
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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