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
No reform in sight for state’s richest-in-nation pensions
We knew Nevada’s state and local government employees had generous pension benefits, but now a researcher at the American Enterprise Institute has done the calculations and found Nevada’s public pensions are the richest in the nation — $64,000 a year or more than $1.3 million in lifetime benefits. That doesn’t include public-safety workers, such firefighters and police, who can retire earlier and generally have higher salaries, especially in Nevada.
Bankruptcy isn't a four-letter word
A municipal bankruptcy statute is urgently needed to allow North Las Vegas to re-emerge from its current state of prolonged insolvency. Few things should warrant a special session of the legislature, but the pressing need for a municipal bankruptcy statute is one.
February PERS payouts now available on TransparentNevada
The second month of pension payout data released by Nevada PERS is now online and searchable at TransparentNevada.com/NVPERS, the Nevada Policy Research Institute announced today. Retiree payouts for February 2014 have been combined with January amounts and provide an even more complete picture of what retirees are making.
PERS payout information now available, searchable on TransparentNevada
Nevada PERS pension payouts for January 2014 are now online and searchable by name at TransparentNevada.TransparentNevada.com/nvpers will allow taxpayers to easily see how much money former government employees are collecting from Nevada’s taxpayer-backed and woefully underfunded Public Employees’ Retirement System.