Revises provisions relating to the Public Employees' Retirement System. (BDR 23-436)

AB 27 adds a new exemption to Nevada's Public Employees' Retirement System (PERS), allowing retired members to work for small cities (under 25,000 residents) or counties (under 100,000 residents) without losing retirement benefits. To qualify, retirees must not have previously worked for that specific employer, the employer must have fewer than five such exempt retirees, and the retiree must not rejoin PERS. The employer must pay retirement contributions equal to what they would pay for an active employee in a similar role. This change specifically affects retirees seeking full-time jobs in smaller local governments that previously faced staffing challenges.