NAC286.210. Purchase of service: Agreement to deduct payments.
Latest version.
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1. A member may enter into an agreement with the System to purchase service by the deduction of monthly payments from the member’s paycheck.
2. If a public employer will not allow deductions for this purpose, the member must purchase the service by the payment of a lump sum.
3. Interest paid pursuant to such an agreement may not be credited to the member’s account.
[Pub. Emp. Retirement Bd., § 28, eff. 7-16-82]