PERS
The Public Employees' Retirement System of Nevada (PERS) is one of the state's most important public policy issues, but has largely remained under the radar.
As one of the largest consumers of tax dollars in the state, the fiscal health of PERS impacts everything from teacher salaries, the quality of public services received by Nevadans and much more.
The soaring cost of paying down the system’s multi-billion dollar deficit is frequently behind the push for higher taxes, even if officials are unwilling to advertise that fact.
Misinformation about Nevada PERS is commonplace among both legislators and the media, making the need for accurate information that much more important.
Read on to learn more!
Featured Articles
Nevada teachers the victims of lawmaker inaction on PERS
In a just-released analysis of teacher pension plans nationwide, the Public Employees’ Retirement System of Nevada (PERS) failed to receive a single passing mark in the categories of cost, fairness,…
News organizations need to stop misleading the public about PERS
A pernicious myth is being spread by some of Nevada’s news organizations about the financial health of PERS — erroneously suggesting the public should be unconcerned about a multi-billion dollar…
PERS debt triples to $40B if consultant's buried report is correct
While most financial experts are warning of future teacher shortages, decaying roads, higher taxes and cuts to public safety, members of the Public Employees’ Retirement System of Nevada (PERS) board…
Recent News
Pension crisis: Fully funded ones a rarity
National study finds Nevada pension costs are crowding-out education spending
A study released today from one of the nation’s top public pension experts, Manhattan Institute Senior Fellow Josh B. McGee, documents how soaring pension costs are crowding out…
PERS costs, tied for highest nationwide, ignite member complaints
Update: The July 1, 2019 rate hike will increase Nevada PERS costs to 29.25 percent of pay — leaving members paying the highest rates in the nation. Ever wonder which…
An easy solution to the teacher shortage
There’s an easy way for any state to solve its teacher shortage: stop forcing them to pay for other people’s retirement, and use those savings to provide an across-the-board pay…