Nevada § 286.575 - Postretirement increases: Payment; effect on monthly benefit

§ 286.575. Postretirement increases: Payment; effect on monthly benefit

1. Except as otherwise required as a result of NRS 286.537 , a postretirement allowance must be paid from the Public Employees' Retirement Fund

or the Police and Firefighters' Retirement Fund to each member receiving a disability

allowance or service retirement allowance from that Fund under the provisions of this

chapter in the amount and manner provided and from time to time adjusted by law. Each member whose allowance was increased after the member's retirement by payments

for years of service in excess of 20 years is entitled to receive an increase based

upon the member's adjusted allowance. 2. Postretirement allowances must be considered a part of a retired employee's monthly

benefit and included in the allowance paid to a beneficiary under one of the optional

plans provided in NRS 286.590 .