Nevada § 388A.544 - Determination of appropriate level of contribution toward retirement benefits; participation in plan of group insurance

§ 388A.544. Determination of appropriate level of contribution toward retirement benefits; participation in plan of group insurance

1. For all employees of a charter school: (a) The compensation that a teacher or other school employee would have received if

he or she were employed by the school district must be used to determine the appropriate

levels of contribution required of the employee and employer for purposes of the Public

Employees' Retirement System. (b) The compensation that is paid to a teacher or other school employee that exceeds

the compensation that the employee would have received if he or she were employed

by the school district must not be included for the purposes of calculating future

retirement benefits of the employee. 2. If the board of trustees of a school district in which a charter school is located

manages a plan of group insurance for its employees, the governing body of the charter

school may negotiate with the board of trustees to participate in the same plan of

group insurance that the board of trustees offers to its employees. If the employees of the charter school participate in the plan of group insurance

managed by the board of trustees, the governing body of the charter school shall: (a) Ensure that the premiums for that insurance are paid to the board of trustees;

and (b) Provide, upon the request of the board of trustees, all information that is necessary

for the board of trustees to provide the group insurance to the employees of the charter

school.