PA-SCN-01 · Plan
Nevada State Employees Retirement Plan (2024)
nv-state-2024 · NV State Employees Retirement System · Current version v1
Jurisdiction
- State
- NV
- Agency
- State Employees Retirement System
- Versions
- 1
Versions
| Version | Active | Published | Published by |
|---|---|---|---|
| v1 | Jan 1, 2024 → present | Jan 1, 2024, 12:00 PM | demo-seed |
Plan rules
Version v1current
Eligibility
When a member qualifies for retirement.
- Normal retirement age
- 60 years
- Early retirement age
- 55 years
- Rule of X
- age + service ≥ 80
- Minimum service
- 5 years
Vesting
Cliff — fully vested once the threshold is met.
- Type
- Cliff
- Years required
- 5 years
Benefit formula
Monthly benefit = FAC × multiplier × service ÷ 12.
- Final-average compensation
- Highest 3 years
- Multiplier per year
- 2.3%
Cost-of-living adjustment
No COLA applied to benefits.
- Type
- None
Contribution rates
Percentage of pensionable wages contributed each pay period.
- Employee
- 7%
- Employer
- 13%
- Total
- 20%
Recent events
From the Plan aggregate (slug = aggregateId). System-scoped.
No events recorded for this plan yet.