Assembly Bill No. 74–Assemblyman Thomas
Prefiled January 29, 1999
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Referred to Committee on Government Affairs
SUMMARY—Provides that retired public employees may accept certain employment with University and Community College System of Nevada without affecting their retirement benefits. (BDR 23-1342)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: No.
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EXPLANATION – Matter in
bolded italics is new; matter between brackets
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
1-1
Section 1. NRS 286.520 is hereby amended to read as follows: 286.520 1. Except as otherwise provided in1-3
this section and NRS 286.525, the consequences of the employment of a1-4
retired employee are:1-5
(a) A retired employee who accepts employment or an independent1-6
contract with a public employer under this system is disqualified from1-7
receiving any allowances under this system for the duration of that1-8
employment or contract if:1-9
(1) He accepted the employment or contract within 90 calendar days1-10
after the effective date of his retirement; or1-11
(2) He is employed in a position which is eligible to participate in this1-12
system.1-13
(b) If a retired employee accepts employment or an independent1-14
contract with a public employer under this system more than 90 calendar1-15
days after the effective date of his retirement in a position which is not1-16
eligible to participate in this system his allowance under this system1-17
terminates upon his earning an amount equal to one-half of the average2-1
salary for participating public employees who are not police officers or2-2
firemen in any fiscal year, for the duration of that employment or contract.2-3
(c) If a retired employee accepts employment with an employer who is2-4
not a public employer under this system, the employee is entitled to the2-5
same allowances as a retired employee who has no employment.2-6
2. The retired employee and the public employer shall notify the2-7
system:2-8
(a) Within 10 days after the first day of an employment or contract2-9
governed by paragraph (a)2-10
(b) Within 30 days after the first day of an employment or contract2-11
governed by paragraph (b)2-12
(c) Within 10 days after a retired employee earns more than one-half of2-13
the average salary for participating public employees who are not police2-14
officers or firemen in any fiscal year from an employment or contract2-15
governed by paragraph (b)2-16
3. For the purposes of this section, the average salary for participating2-17
public employees who are not police officers or firemen must be computed2-18
on the basis of the most recent actuarial valuation of the system.2-19
4. If a retired employee is chosen by election or appointment to fill an2-20
elective public office, he is entitled to the same allowances as a retired2-21
employee who has no employment, unless he is serving in the same office2-22
in which he served and for which he received service credit as a member.2-23
5. The system may waive for one period of 30 days or less a retired2-24
employee’s disqualification under this section if the public employer2-25
certifies in writing, in advance, that the retired employee is recalled to meet2-26
an emergency and that no other qualified person is immediately available.2-27
6. A person who accepts employment or an independent contract with2-28
either house of the legislature or by the legislative counsel bureau is2-29
exempt from the provisions of subsections 1 and 2 for the duration of that2-30
employment or contract.2-31
7. A person who is a retired employee and who accepts employment2-32
as a member of the professional staff of the University and Community2-33
College System of Nevada to teach a course of study or training is exempt2-34
from the provisions of subsections 1 and 2 for the duration of that2-35
employment.~