Nevada § 286.5785 Postretirement increases: Increases payable July 1, 1981, and July 1, 1982

Nevada Statutes

§ 286.5785 — Postretirement increases: Increases payable July 1, 1981, and July 1, 1982

Nevada § 286.5785

Title 23PUBLIC OFFICERS AND EMPLOYEES

Ch. 286Public

BENEFITS

This text of Nevada § 286.5785 (Postretirement increases: Increases payable July 1, 1981, and July 1, 1982) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 286.5785 (2026).

Text

1.On July 1, 1981, and July 1, 1982, the System shall provide a cost-of-living increase to each retired employee or beneficiary. The increase must be based on the number of years the person has been drawing benefits plus the portion of the year, in full calendar months, in which the person began drawing benefits, in the amounts: Number of years and full calendar months during which benefits Percentage of have been received Increase 1 year...................................................................................................................... 3.0 1 year and 1 month through 2 years.................................................................. 3.5 2 years and 1 month through 3 years................................................................ 4.0 3 years and 1 month throu

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1. On July 1, 1981, and July 1, 1982, the System shall provide a cost-of-living increase to each retired employee or beneficiary. The increase must be based on the number of years the person has been drawing benefits plus the portion of the year, in full calendar months, in which the person began drawing benefits, in the amounts:
Number of years and full calendar
months during which benefits Percentage of
have been received Increase
1 year...................................................................................................................... 3.0
1 year and 1 month through 2 years.................................................................. 3.5
2 years and 1 month through 3 years................................................................ 4.0
3 years and 1 month through 4 years................................................................ 4.5
4 years and 1 month through 5 years................................................................ 5.0
5 years and 1 month through 6 years................................................................ 5.5
6 years and 1 month through 7 years................................................................ 6.0
7 years and 1 month through 8 years................................................................ 6.5
8 years and 1 month through 9 years................................................................ 7.0
9 years and 1 month through 10 years.............................................................. 7.5
10 years and 1 month through 11 years........................................................... 8.0
11 years and 1 month through 12 years........................................................... 8.5
12 years and 1 month through 13 years........................................................... 9.0
13 years and 1 month through 14 years........................................................... 9.5
14 years and 1 month and more...................................................................... 10.0
2. The increase for a retired employee or beneficiary who has been receiving benefits for less than 12 full calendar months on July 1 is 3 percent prorated for the number of full calendar months in which the person has received benefits.
3. In addition to the other postretirement allowances and increases provided by law, the System shall provide a monthly postretirement increase of $100 per month, beginning on July 1, 1981, to surviving spouses who receive benefits pursuant to subsection 2 of NRS 286.674 .
4. The increases provided in this section are payable only if and to the extent that they respectively do not exceed the increase in the Consumer Price Index (All Items) for the calendar year preceding their payment.