Nevada § 286.574 - Postretirement increases: Calculation of increase for persons who became members on or after July 1, 2015
Full text of Nevada Nevada Revised Statutes § 286.574 — Postretirement increases: Calculation of increase for persons who became members on or after July 1, 2015, with citation guidance and answers to common questions.
§ 286.574. Postretirement increases: Calculation of increase for persons who became members on or after July 1, 2015
1. For a person who retires and who has an effective date of membership on or after
July 1, 2015, allowances or benefits must be increased once each year on the first
day of the month immediately following the anniversary date the person began receiving
the allowance or benefit: (a) By 2 percent following the 3rd, 4th and 5th anniversaries of the commencement
of benefits. (b) By 2.5 percent following the 6th, 7th and 8th anniversaries of the commencement
of benefits. (c) By the lesser of 3 percent or the increase, if any, in the Consumer Price Index
(All Items) published by the United States Department of Labor for the preceding calendar
year following the 9th anniversary of the commencement of benefits and each year thereafter. 2. 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 § 286.574
What does Nevada Revised Statutes § 286.574 cover?
Section 286.574 ("Postretirement increases: Calculation of increase for persons who became members on or after 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 § 286.574?
A common citation format is "Nevada Revised Statutes § 286.574" (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 § 286.574 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.