Gov. Sisolak Latest to be Enveloped by Nevada's Pension Fog

Gov. 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 history.

The following year, teachers were told that they were “idiots, for the most part,” when they complained to the PERS Board over a rate hike that would reduce their salaries, while providing no added benefit of any kind.

This July, a similarly punitive rate hike will reduce teacher salaries again, and just like the several that preceded it, this increase will also go entirely towards paying down PERS debt.

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