Nevada § 286.571 - Postretirement increases: Calculation of increase for persons who became members on or after January 1, 2010, and before July 1, 2015
Full text of Nevada Nevada Revised Statutes § 286.571 — Postretirement increases: Calculation of increase for persons who became members on or after January 1, 2010, and before July 1, 2015, with citation guidance and answers to common questions.
§ 286.571. Postretirement increases: Calculation of increase for persons who became members on or after January 1, 2010, and before July 1, 2015
1. Except as otherwise provided in subsection 2, for a person who retires and who
has an effective date of membership on or after January 1, 2010, and before July 1,
2015, allowances or benefits must be increased once each year on the first day of
the month immediately following the anniversary of the date the person began receiving
the allowance or benefit, by the lesser of: (a) Two percent following the 3rd anniversary of the commencement of benefits, 3 percent
following the 6th anniversary of the commencement of benefits, 3.5 percent following
the 9th anniversary of the commencement of benefits, 4 percent following the 12th
anniversary of the commencement of benefits and each year thereafter; or (b) The average percentage of increase in the Consumer Price Index (All Items) for
the 3 preceding years, unless a different index is substituted by the Board. 2. In any event, the allowance or benefit of a member must be increased by the percentages
set forth in paragraph (a) of subsection 1 if the allowance or benefit of a member
has not increased at a rate greater than or equal to the average of the Consumer Price
Index (All Items), unless a different index is substituted by the Board, for the period
between the date of the member's retirement and the date specified in subsection 1. 3. The Board may use a different index for the calculation made pursuant to paragraph
(b) of subsection 1 if: (a) The substituted index is compiled and published by the United States Department
of Labor; and (b) The Board determines that the substituted index represents a more accurate measurement
of the cost of living for retired employees. 4. The base from which the increase provided by this section must be calculated is
the allowance or benefit in effect on the day before the increase becomes effective.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 286.571
What does Nevada Revised Statutes § 286.571 cover?
Section 286.571 ("Postretirement increases: Calculation of increase for persons who became members on or after January 1, 2010, and before July 1, 2015") 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 § 286.571?
A common citation format is "Nevada Revised Statutes § 286.571" (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 § 286.571 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.