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
Falsehoods, misinformation dominate PERS Secrecy Bill hearing
Last Friday, the Senate Government Affairs Committee held a hearing for the PERS Secrecy Bill (SB224). The bill would overturn existing Nevada law by making secret the names of those who…
SB224 Testimony (PERS Secrecy)
SB224 Testimony – Senate Government Affairs Committee March 1, 2019 1:00 pm My name is Robert Fellner, and I am the policy director for the Nevada Policy…
Sisolak latest to be enveloped by Nevada’s pension fog
In 2015, the Legislature slashed PERS benefits for all new hires, leaving these workers paying the highest rates in the nation, while receiving the lowest benefits in modern Nevada…
The average Nevada teacher is losing nearly $7,700 a year to pay for other people’s retirement
Beginning this July, contribution rates to the state Public Employees’ Retirement System will increase to 29.25 percent of salary, an all-time high. This means that for every $10,000 spent on…