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 February 27, 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

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