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Keyword: assemblybill190

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  • PERS reform bill author touts alternative to pensions (Nevada)

    04/17/2015 8:18:25 AM PDT · by redreno · 1 replies
    http://www.reviewjournal.com ^ | April 15, 2015 - 1:41pm | By SEAN WHALEY
    CARSON CITY — A state lawmaker pushing for major changes to the state public employee retirement plan told a committee Wednesday that long-term workers would do better under his proposal than with the current defined-benefit pension plan. Assemblyman Randy Kirner, R-Reno, testified in support of his Assembly Bill 190 in front of the Ways and Means Committee. The bill would establish a new hybrid retirement plan for public employees hired as of July 1, 2016. The bill is fiercely opposed by public employee groups who argue the existing Public Employees Retirement System plan is well-managed and does not need to...