Nevada AB232 revises the computation of service credit for certain Public Employees' Retirement System members employed by school districts.
Nevada AB232 amends the computation of service credit for certain members of the Public Employees' Retirement System. It specifies that a full year of service credit is granted to school district employees who work at least 900 hours in a school year. Part-time employees receive credit based on a ratio of one and one-third days for each day worked. The bill also ensures that no member receives less credit than provided under the law when the credit was earned. This act becomes effective on July 1, 2025.
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