Nevada Revised Statutes 391.175 – Payment of salaries of certain teachers and other employees from apportionment of public money; deductions from salary
1. Boards of trustees of school districts in this state may pay toward the salaries of teachers and other employees the public money apportioned to school districts for that purpose, by giving them orders therefor on the county auditor.
Terms Used In Nevada Revised Statutes 391.175
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Contract: A legal written agreement that becomes binding when signed.
- county: includes Carson City. See Nevada Revised Statutes 0.033
2. Boards of trustees may:
(a) Deduct from the salary of any teacher or other employee, upon the written request of the teacher or other employee, money for the payment of premiums on insurance of any kind;
(b) Reduce or withhold increases in the salary of any teacher or other employee, upon the written request of the teacher or other employee, by or in an amount sufficient to purchase an annuity contract pursuant to the provisions of NRS 391.380; and
(c) Reduce or withhold from the salary of any teacher or other employee, upon the written request of the teacher or employee, an amount specified in the request to be held by the trustees pursuant to a deferred compensation agreement between the trustees and the teacher or other employee.