Section 287.381 - Premiums or contributions for participants in opt-out plans: General administrative duties of Program1. The Program shall maintain the rates for premiums or contributions for participants in each opt-out plan separately in its information system.2. The Program shall calculate the State's share of the costs of premiums or contributions for participants in an opt-out plan pursuant to NRS 287.046 in the same manner as for participants in the Program.3. The difference between the amount of the premium or contribution of a participant in an opt-out plan and the amount paid by the State toward the premium or contribution of the participant pursuant to NRS 287.046 must be assessed to the participant.4. If the amount paid by the State toward the premium or contribution of a participant in an opt-out plan pursuant to NRS 287.046 exceeds the amount of the premium or contribution for that participant, the Program shall retain the balance.Nev. Admin. Code § 287.381
Added to NAC by Bd. of Pub. Employees' Benefits Prog. by R097-03, eff. 9-24-2003