Nev. Admin. Code § 286.200

Current through October 11, 2024

Section 286.200 - Purchase of service: Cost for employees other than police officers and firefighters

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.

Nev. Admin. Code § 286.200

Pub. Emp. Retirement Bd., § 23, eff. 7-16-82

NRS 286.200