Nevada Administrative Code
Chapter 286 - Public Employees' Retirement
Section 286.210 - Purchase of service: Agreement to deduct payments

Universal Citation: NV Admin Code 286.210

Current through February 27, 2024

1. A member may enter into an agreement with the System to purchase service by the deduction of monthly payments from the member's paycheck.

2. If a public employer will not allow deductions for this purpose, the member must purchase the service by the payment of a lump sum.

3. Interest paid pursuant to such an agreement may not be credited to the member's account.

Pub. Emp. Retirement Bd., § 28, eff. 7-16-82

NRS 286.200

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