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Current as of January 01, 2025 | Updated by Findlaw Staff
1. In addition to the other postretirement allowances and increases provided by law, the System shall provide a monthly postretirement increase to each person who began receiving benefits before January 1, 1977, or to the person’s designated beneficiary upon the person’s death in these amounts:
|
Base Benefit |
Monthly Increase |
||
|---|---|---|---|
|
$0--$100․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ |
$20 |
||
|
101--200․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ |
15 |
||
|
201--300․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ |
10 |
||
|
301--500․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ |
5 |
||
|
501 and above․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․ |
3 |
2. A single postretirement increase pursuant to this section must be prorated among two or more recipients of benefits for survivors on behalf of one deceased member.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 23. Public Officers and Employees § 286.579. Postretirement increases: Increase for persons receiving benefits before January 1, 1977 - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-23-public-officers-and-employees/nv-rev-st-286-579/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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