Chapter 286 Public Employees’ Retirement

Sections

286.010
Short title.
286.015
Declaration of state policy; purpose of chapter.
286.016
Definitions.
286.017
“Actuarial computation” defined.
286.020
“Board” defined.
286.025
“Compensation” defined.
286.031
“Disability retirement allowance” defined.
286.040
“Employee” defined.
286.042
“Firefighter” defined.
286.045
“Independent contractor” defined.
286.050
“Member” defined.
286.061
“Police officer” defined.
286.065
“Postretirement increase” defined.
286.070
“Public employer” defined.
286.078
“Service” defined.
286.080
“Service retirement allowance” defined.
286.100
“System” defined.
286.110
Public Employees’ Retirement System: Establishment; review of System; use of state services; public inspection of records; liability of public employers.
286.117
Limitations on review and copying of records; waiver.
286.120
System governed by Public Employees’ Retirement Board: Name; number of members; duties of Governor; removal of members.
286.130
Qualifications of members of Board; terms.
286.150
Monthly meetings of Board; certain closed meetings; designation and term of Chair.
286.160
Persons employed by Board: Appointment; salaries; qualifications; other employment of Executive Officer prohibited; exceptions.
286.170
Administration of System; compensation and removal of employees.
286.180
Compensation and expenses of members of Board.
286.190
General powers and duties of Board.
286.200
Rules and regulations of Board: Procedure for adoption; conditions.
286.211
Duties of Board: Police and Firefighters’ Retirement Fund.
286.215
Duties of Board: Calculation and determination of contributions, benefits and service credit related to qualified military service.
286.220
Public Employees’ Retirement Fund.
286.225
Police and Firefighters’ Retirement Fund.
286.227
Police and Firefighters’ Retirement Fund Advisory Committee.
286.230
Public Employees’ Retirement Administrative Fund.
286.241
Fund to pay accrued benefits that are not payable because of certain limitations; benefits paid from employer contributions.
286.260
Individual accounts of members; liability of Board upon return of contributions.
286.265
Notice to Public Employees’ Benefits Program regarding certain changes in payment status of benefit recipients.
286.282
Chief of Budget Division to advise Governor concerning review of System’s policies and performance.
286.287
Board to consider investments: Meetings; duties.
286.288
Liaison officer between System and members or employers; responsibility of System for inaccurate or misleading information.
286.290
Conditions for membership in System.
286.293
Persons required to participate in System.
286.297
Persons excluded from membership in System.
286.300
Purchase of credit for service: Requirements; sources; refund of contributions; defaults.
286.301
Credit for free prior service.
286.303
Free credit for military service.
286.365
Eligibility of civilian employees of Nevada National Guard for membership in System.
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.
286.370
Procedure for integration of previously established retirement systems.
286.385
Public employee on leave of absence to serve in Nevada Legislature may remain member of System.
286.391
Public employee on leave to work for employee or employer association may remain member of System; purchase of credit for service.
286.401
Termination of membership; rights of retired employee.
286.410
Amount of contribution by members of System; deduction from payroll; return of contributions; members with disabilities.
286.421
Payment of contributions by employer on behalf of employee; average compensation; total rate of contribution.
286.425
Election by employee to have employer pay contributions.
286.430
Withdrawal of contributions.
286.435
Repayment upon retroactive reinstatement.
286.440
Redeposit of withdrawn contributions upon return to service: Procedure.
286.450
Rate of contributions by public employer.
286.460
Remittance of contributions by public employers.
286.462
Complaint to Department of Taxation required concerning delinquent report or payment.
286.470
Credit for service as county commissioner, city council member or mayor: Calculation of average compensation; waiver of service; exception.
286.475
Credit for service as Legislator before July 1, 1967: Calculation of average compensation.
286.477
Credit for part-time employment; loss of credit.
286.479
Service credit for military service in Persian Gulf Crisis.
286.481
Service ineligible for credit.
286.486
Service credited in another system ineligible; exception.
286.495
Computation of credit for service: Generally.
286.501
Computation of credit for service: Employees of school districts and professional staff of Nevada System of Higher Education.
286.505
Conversion of credit for service; time for crediting service.
286.510
Eligibility: Age and service of police officers, firefighters and other employees; reduction of benefit for retirement before required age.
286.520
Employment of retired employee: Consequences; notice; exemptions.
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 position.
286.525
Employment of retired employee: Enrollment in System; rights of membership; accrual of credit for service; benefits for survivor.
286.533
Limitation on distributions to members of System.
286.534
Actuarial assumptions used in computing benefits: Availability; changes prohibited.
286.535
Limitation on compensation used to determine retirement benefit.
286.537
Limitations on benefits and contributions.
286.538
Minimum benefits payable to employee who became member of System before January 1, 1990.
286.539
Prohibition against applying forfeitures to increase benefits.
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 retired member.
286.545
Consent of spouse to retirement plan of member.
286.551
Determination of monthly service retirement allowance.
286.555
Refund of portion of contributions to certain persons who became members on or after January 1, 2010.
286.571
Postretirement increases: Calculation of increase for persons who became members on or after January 1, 2010, and before July 1, 2015.
286.574
Postretirement increases: Calculation of increase for persons who became members on or after July 1, 2015.
286.575
Postretirement increases: Payment; effect on monthly benefit.
286.577
Postretirement increases: Persons receiving allowance before July 1, 1975; persons with benefits commencing in 1975.
286.578
Postretirement increases: Increases payable July 1, 1979, and July 1, 1980.
286.579
Postretirement increases: Increase for persons receiving benefits before January 1, 1977.
286.590
Alternatives to unmodified service retirement allowance.
286.592
Optional plans: Death of beneficiary; change of selection; effective date of termination or adjustment of allowance.
286.612
Charges for deferred protection: Termination; adjustments of allowances or benefits.
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 omissions.
286.620
Disability retirement allowance: Eligibility; calculation of amount; beneficiaries; effective date of termination or adjustment of allowance.
286.630
Disability retirement allowance: Approval or denial of application; medical examination.
286.634
Disability retirement allowance: Effective date of retirement.
286.637
Disability retirement allowance: Recipient to provide copy of federal income tax return; Board may require medical examinations.
286.638
Disability retirement allowance: Reporting to Internal Revenue Service.
286.640
Disability retirement allowance: Cancellation.
286.650
Disability retirement allowance: Consequences of employment of recipient.
286.655
Payments for rehabilitation in lieu of disability retirement allowance.
286.660
Death of certain member before retirement: Disposition of money to member’s credit in Public Employees’ Retirement Fund.
286.665
Death of member, retired employee or beneficiary: Transfer of contributions to retirement fund under certain circumstances; procedure for claiming transferred money.
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.
286.668
Forfeiture of rights and benefits under System for conviction of certain felonies; return of contributions upon conviction.
286.669
Person convicted of murder or voluntary manslaughter of member ineligible to receive benefits.
286.670
Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions.
286.671
Definitions.
286.672
Eligibility.
286.673
Payments to child of deceased member.
286.674
Payments to spouse of deceased member.
286.676
Payments to spouse of deceased member who had 10 or more years of accredited contributing service.
286.677
Payment to dependent parents; conditions.
286.679
Disposition of surplus of contributions if payments to beneficiary cease.
286.680
Investment by Board of money in funds; qualifications and employment of investment counsel; employment of other services; liability for investment decisions.
286.682
Authorized investments: “Prudent person” standard.
286.701
Definitions.
286.703
“Active business operations” defined.
286.705
“Business operations” defined.
286.707
“Company” defined.
286.709
“Direct holdings” defined.
286.711
“Inactive business operations” defined.
286.713
“Iran” defined.
286.715
“Petroleum resources” defined.
286.717
“Scrutinized business operations” defined.
286.719
“Scrutinized company” defined.
286.721
Board to identify, review and create list of investments in scrutinized companies.
286.723
Board to prepare report of investments in scrutinized companies.
286.725
Inapplicability to certain investments.
286.735
Definitions.
286.737
“Boycott of Israel” defined.
286.739
“Company” defined.
286.741
“Direct holdings” defined.
286.743
“Public fund” defined.
286.745
“Scrutinized company” defined.
286.747
Board to identify, review and create list of investments in scrutinized companies.
286.749
Board to prepare report of investments in scrutinized companies.
286.802
Board of Regents to establish separate program for retirement of certain employees; contributions; enrollment.
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.
286.808
Contributions; payment by Board of Regents on behalf of participant.
286.810
Designation of investment entities; approval of contracts.
286.812
Administration of program.
286.814
Participants ineligible for membership in Public Employees’ Retirement System.
286.816
Benefits payable only by designated investment entities.
286.820
False statement or certification; withholding of information.
286.3005
Purchase of credit for service: Public employer may purchase credit for member.
286.3007
Purchase by state agency of credit for service: Conditions.
286.5756
Postretirement increases: Persons receiving benefits before September 1, 1983, or for 3 years before increase.
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.
286.5775
Postretirement increases: Increases based on years allowance received; beneficiaries of deceased employees; limitations.
286.5785
Postretirement increases: Increases payable July 1, 1981, and July 1, 1982.
286.6703
Payment of allowance or benefit to alternate payee pursuant to domestic relations order.
286.6705
Transfer of unpaid check for benefits or refund to retirement fund; claim for payment of money; period of limitation.
286.6765
Payments to spouse if deceased member was eligible to retire.
286.6766
Payment in lump sum to spouse; exception.
286.6767
Designation of survivor beneficiary and additional payees by member.
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.
286.6769
Payment in lump sum to survivor beneficiary of and to additional payees designated by member; exception.
286.6775
Limitation on and reduction of amount of monthly allowance.
286.6793
Time of vesting; vesting of benefits upon termination of System.
286.67665
Payments to spouse of member killed in line of duty or course of employment on or after July 1, 2013.
286.67675
Payments to survivor beneficiary of and to additional payees designated by deceased member.
286.67685
Payment to survivor beneficiary of and to additional payees designated by deceased member if deceased member was eligible to retire.
286.67695
Payments to survivor beneficiary of member killed in line of duty or course of employment on or after July 1, 2013.