Public Employees’ Retirement System of Nevada v. Las Vegas Police Managers and Supervisors Association; and Las Vegas Peace Officers Association, 140 Nev. Advance Opinion 80. (Dec. 19, 2024)

The Public Employees’ Retirement System of Nevada (PERS) is a tax-qualified defined benefit plan established by the Legislature as an independent public agency. Its purpose is to provide a stable base income for eligible public employees who, due to age or disability, have experienced a complete or significant reduction in their earning capacity. Nevada observes Holidays some of which are not observed universally across the United States. PERS is statutorily required to collect the increased retirement contribution rates on holiday pay for the additional holidays. In this case, the Nevada Supreme Court addressed whether the Public Employees’ Retirement System (PERS) must collect retirement contributions for additional holidays negotiated in collective bargaining agreements, such as Christmas Eve, New Year’s Eve, and Juneteenth. The Court affirmed that PERS is obligated under NRS 286.025 to secure contributions for negotiated holidays, regardless of whether they are classified as “legal holidays” under Nevada statutes, which reinforces the statutory authority granted to employee associations for collective bargaining under NRS 288.150(2)(d) while clarifying PERS’s administrative responsibilities.