Common use of Nevada Legislature Mandated Increases Clause in Contracts

Nevada Legislature Mandated Increases. Increases in the PERS contribution rate which are mandated by the Nevada Legislature shall be paid for by the party or parties designated in such action. If the Nevada Legislature is silent with respect to who is responsible to pay contribution increases, subsection 7.2.4. shall apply.

Nevada Legislature Mandated Increases. ‌ Increases in the PERS contribution rate which are mandated by the Nevada Legislature shall be paid for by the party or parties designated in such action. If the Nevada Legislature is silent with respect to who is responsible to pay contribution increases, subsection 7.2.4. shall apply. For FY 2021, beginning July 1, 2021 and concluding on June 30, 2022, the Nevada Legislature increased the amount of the PERS contribution rate for regular member employees. The County and Association will split the full amount of the 0.5% contribution increase designated by the Nevada Legislature in accordance with NRS Chapter 286.

Nevada Legislature Mandated Increases. ‌ Increases in the PERS contribution rate which are mandated by the Nevada Legislature shall be paid for by the party or parties designated in such action. If the Nevada Legislature is silent with respect to who is responsible to pay contribution increases, subsection 7.2.4. shall apply.