Nevada § 286.015 - Declaration of state policy; purpose of chapter

§ 286.015. Declaration of state policy; purpose of chapter

1. It is the policy of this State to provide, through the Public Employees' Retirement

System: (a) A reasonable base income to qualified employees who have been employed by a public

employer and whose earning capacity has been removed or has been substantially reduced

by age or disability. (b) An orderly method of promoting and maintaining a high level of service to the

public through an equitable separation procedure, which is available to employees

at retirement or upon becoming disabled. (c) A system which will make government employment attractive to qualified employees

in various categories of service and which will encourage these employees to remain

in government service for such periods of time as to give the public employer full

benefit of the training and experience gained by these employees while employed by

public employers. 2. It is the purpose of this chapter to make suitable provision for the accomplishment

of the policy stated in subsection 1. The Board shall define the intermediate objectives

and operating guidelines it considers necessary to produce the maximum in economy,

efficiency and effectiveness within the System.