- With the service needed to retire (at least 5 years) but not the age, you can retire at any age with a permanent reduction for each year you are under the age for an unreduced benefit.Summary Plan Description (REV 8/25), p. 8, Early Retirement Reduction; NRS 286.510(6)
- Enrolled before January 1, 2010: the reduction is 4% for each full year early plus 0.33% for each extra month. Enrolled on or after January 1, 2010: 6% for each full year plus 0.5% for each extra month.Summary Plan Description (REV 8/25), p. 8; NRS 286.510(6)
- Check with Nevada PERSThe reduction is measured to the unreduced age that matches your service when you retire. For example, enrolled before 2010 with 25 years at age 55, you are 5 years under age 60, a 20% reduction.Worked out from the statute; the Summary Plan Description has no early-retirement example.NRS 286.510(1)(a), (6)
- Disability retirement (5+ years of service, totally unable to do your job or a comparable one) is calculated the same way but with no reduction for age. Apply before your employment ends.Summary Plan Description (REV 8/25), pp. 8-9, Disability Retirement
When the cut stops: your unreduced ages
| Enrolled | Unreduced with |
|---|---|
| Enrolled before January 1, 2010 | 5 years at 65; 10 years at 60; 30 years at any age |
| Enrolled January 1, 2010 to June 30, 2015 | 5 years at 65; 10 years at 62; 30 years at any age |
| Enrolled on or after July 1, 2015 | 5 years at 65; 10 years at 62; 30 years at 55; 33 1/3 years at any age |
Not sure which row is yours? Your group comes from your membership date: see which group am I in? The cut is taken off the benefit the formula gives.
For members enrolled on or after July 1, 2015, purchased service does not count toward retirement eligibility (normal or early) unless the member has a qualifying family medical emergency. It still counts in the benefit amount. Summary Plan Description (REV 8/25), p. 3, Purchase of Service; NRS 286.510(1)(c); Official Policies revisions eff. Apr. 15, 2026 (memo of Mar. 26, 2026, attachment PDF p. 3, Policy 6.2(b)-(c)) (See buying service credit.)
The handbook and guide print '33.3 years'. The law and Nevada PERS's policy say 33 1/3 years. We use 33 1/3.
Summary Plan Description (REV 8/25), p. 4; NRS 286.510(1)(c); Official Policies (2024), p. 52, Policy 10.1(c)The cut for each year early
| Years early | Before 2010 | 2010 to mid-2015 | July 2015 on |
|---|---|---|---|
| 1 | 4% | 6% | 6% |
| 2 | 8% | 12% | 12% |
| 3 | 12% | 18% | 18% |
| 4 | 16% | 24% | 24% |
| 5 | 20% | 30% | 30% |
| 6 | 24% | 36% | 36% |
| 7 | 28% | 42% | 42% |
| 8 | 32% | 48% | 48% |
| 9 | 36% | 54% | 54% |
| 10 | 40% | 60% | 60% |
Plus 0.33% (enrolled before 2010) or 0.5% (from 2010) for each extra month. Summary Plan Description (REV 8/25), p. 8; NRS 286.510(6)(a)-(b)
Examples
Our engine on Nevada PERS's rules, on $5,000 a month average compensation, retiring July 1, 2026. Nevada PERS prints no early retirement example.
| Member | Early by | Cut | Monthly |
|---|---|---|---|
| Enrolled 2001, 25 years, age 55unreduced at 60 | 5 yr | 20%53.4% of pay | $2,670not $3,338 |
| Enrolled 2012, 14 years, age 58unreduced at 62 | 4 yr | 24%26.6% of pay | $1,330not $1,750 |
| Enrolled 2016, 10 years, age 60unreduced at 62 | 2 yr | 12%19.8% of pay | $990not $1,125 |
We measure the cut to the unreduced age that matches the service you have on your retirement date (for example, age 60 if you have 10 years and enrolled before 2010). Nevada PERS prints no early retirement example to confirm this.
What would settle it: A Nevada PERS estimate for a member with 10-29 years retiring early.
How part of a month counts
Say you were born March 20, 1969, enrolled before 2010 with 10 years, and retire July 1, 2026. Your unreduced age is 60, on March 20, 2029. That's 2 years 8 months and some days early.
| If part of a month counts as | Early by | Cut |
|---|---|---|
| A whole month (what we use) | 2 yr 9 mo | 10.97% |
| Nothing (dropped) | 2 yr 8 mo | 10.64% |
33 months, rounded up: 2 × 4% + 9 × 0.33%. On $5,000 a month the calculator shows $1,188.55.
The law cuts your benefit for each full year plus each extra month you are under the unreduced age. It doesn't say how part of a month counts. We count part of a month as a whole month, which gives the slightly bigger cut.
What would settle it: A Nevada PERS early-retirement estimate whose retirement date is not on the birthday day of the month, or written confirmation from Nevada PERS.
Disability retirement
With five or more years of service, a member who becomes totally unable to perform the current or any comparable job because of a permanent injury or illness may apply for disability retirement. The application must be filed before employment ends. The benefit is calculated like a service retirement benefit but without a reduction for age. Summary Plan Description (REV 8/25), pp. 8-9, Disability Retirement
Try your own dates in the calculator: it shows the cut, how it's worked out, and your full-benefit date. Waiting can be worth a lot: see one more year.
Questions
How much is the Nevada PERS early retirement cut?
If you enrolled before January 1, 2010: 4% for each full year under your unreduced age, plus 0.33% for each extra month. If you enrolled on or after that date: 6% a year plus 0.5% a month. The cut is permanent.
What is my unreduced age?
The lowest unreduced retirement age that matches the service you have when you retire. Enrolled before 2010 with 10 to 29 years, it's 60; with 5 to 9 years, it's 65.
How early can I retire?
At any age, once you have 5 years of service. There's no minimum age for an early retirement.
How does part of a month count?
The law doesn't say. We count part of a month as a whole month, which gives the slightly bigger cut. Ask Nevada PERS for an estimate to be sure.
Source: Nevada PERS Summary Plan Description for Regular Members, REV 8/25 (law through the 2025 Legislature), pp. 3-4, 8-9. Also: Nevada PERS Official Policies (eff. Sept. 1, 2024) p. 52; Nevada PERS Official Policies revisions eff. Apr. 15, 2026; Nevada PERS Pre-Retirement Guide (REV 1/25) pp. 1-2, 7; NRS §§ 286.510, 286.620. Last reviewed .