Nevada § 286.450 - Rate of contributions by public employer
Full text of Nevada Nevada Revised Statutes § 286.450 — Rate of contributions by public employer, with citation guidance and answers to common questions.
§ 286.450. Rate of contributions by public employer
1. The employer contribution rate must be: (a) The matching contribution rate for employees and employers that is actuarially
determined for police officers and firefighters and for regular members, depending
upon the retirement fund in which the member is participating. (b) Except as otherwise provided in subsection 2, adjusted on the first monthly retirement
reporting period commencing on or after July 1 of each odd-numbered year based on
the actuarially determined contribution rate indicated in the biennial actuarial valuation
and report of the immediately preceding year. The adjusted rate must be rounded to the nearest one-quarter of 1 percent. 2. The employer's portion of the matching contribution rate for employees and employers
must not be adjusted in accordance with the provisions of paragraph (b) of subsection
1 if: (a) The existing rate is lower than the actuarially determined rate but is within
one-quarter of 1 percent of the actuarially determined rate. (b) The existing rate is higher than the actuarially determined rate but is within
1 percent of the actuarially determined rate. If the existing rate is more than 1 percent higher than the actuarially determined
rate, the existing rate must be reduced by the amount by which it exceeds 1 percent
above the actuarially determined rate.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 286.450
What does Nevada Revised Statutes § 286.450 cover?
Section 286.450 ("Rate of contributions by public employer") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 286.450?
A common citation format is "Nevada Revised Statutes § 286.450" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 286.450 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.