PERS payment information released for January

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Updated: 2/13/2014 6:09 pm
RENO, Nev. ( & KRNV) -- The Public Employees' Retirement System of Nevada released January 2014 pension payment numbers on Thursday after a Supreme Court ruling demanding the information be made public. More than 1,000 retired state employees are on track to make more than $100,000 in pension payments in 2014.

The Nevada Policy Research Institute says half of these monthly pension funds collected total more than what private sector employees receive through Social Security.
NPRI Executive Vice-President Victor Joecks said, ""Now that they can go in and see, oh my word, this is what these people are making and its guaranteed by the tax makers and we're going to be collecting this pension for 30, 40 years, we need to change. That's not a partisan issue, that's just a math issue."

"The January payment register was released pursuant to public records requests after a lawsuit," PERS Executive Officer Tina Leiss. "If future requests are made for the monthly payment register, those will be released as public record."

For more information, you can visit the searchable database.
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Freedom123 - 2/17/2014 5:01 AM
0 Votes
Think tank? More like a stink tank. Your alternatives are what? Offer state, county and government employees a 401 k; with contributions by the employer- the taxpayer? I think your focus is misdirected and flawed.

oldguyincc - 2/15/2014 12:35 PM
0 Votes
Retired51 nailed it. To go a bit further, the last I heard, Nevada PERS was approximately 85% self funded, due entirely to the wise and timely investments by PERS staff. I looked at NPIR's website and guess what? All of their directors are high powered business executives, not day-to-day wage earners. Bankers, real estate people, a cab and limo company co-owner. I don't know what NPIR's relationship with the Reno Gazette-Journal, which is credited with initiating the lawsuit is, but I am curious. Who are NPIR's next targets? Veterans? Wholly tax-supported. Social Security recipients? A burden for taxpayers because the two houses of Congress have used it as their private finance company. Welfare recipients? AFDC beneficiaries? NPIR appears to be another Tea Party offshoot, dedicated to hurting the ordinary citizen for the benefit of business.

retired51 - 2/14/2014 12:22 PM
1 Vote
The vast majority of salaries that blow this out of proportion are judges, city and county salaries and not state employees. I worked for the state for 26 yrs. and retired as a lieutenant in law enforcement. I do not begrudge city and county employees for the retirements they receive. I could have easily quit the state and went to work for the county or city and made more money but I enjoyed the job I did for the state. It was my choice! You are looking at people receiving retirement benefits for probably 25+ yrs. of service! The legislature and governor need to leave PERS alone because it is not broken and doesn't need to be fixed! Social security is a prime example of what happens when congress and presidents start taking from what people paid into and never putting it back!!!

vietnamvet25 - 2/14/2014 11:27 AM
1 Vote
I don't know where NPRI gets there information or who does their research But the retirement that is paid to public employees is the product of each entity and employee paying into the system, NVPERS takes that money and makes good investments that yields good returns, that bolsters the amount in the pot to pay the folks that earned it. If there are people in the system that get more than others, could it be that their salary was higher and their monthly pension would be the percentage set by the pers system for the years of service and highest wage paid in the last 5 yeas of service. If there are folks that are getting an excessive amount, that may warrant an investigation. But Teachers cops and firefighters are not overpaid in pension dollars. If anything they are not paid enough for the service they performed

jetis1951 - 2/14/2014 8:08 AM
1 Vote
We're being brainwashed into believing that taxpayers are getting the shaft from public workers and union workers. It's the corporation lobbyists, and politicians that are doing this, while the rich KEEP getting richer. Are they ever talking about reducing taxes? No! If they change PERS, will the taxpayers ever see a cent more in their wallets? No! But the higher ups in administration, politics, and business will. Instead of demanding that our government bring jobs back, and keep them here, do the correct thing with social security, our veterinarians, our citizen population, etc., We're being tricked into resenting each other for having more in retirement!! This is after successful companies, that had decent retirement plans in place for employees, pocketed all that retirement money, and forced employees to try to save for their own retirement. We all know how well that is going. COME ON PEOPLE!! We are being manipulated and brainwashed. Big government has almost destroyed social security, and and private sector way of life and retirement. Now they are going after civil service and union income, retirement, etc. But does the general population ever see any benefit??? Are taxes ever reduced??? Do our Veterans ever see any better quality of life or retirement??? WE NEED TO FIGHT FOR EACH OTHER, NOT AGAINST EACH OTHER!!!

TRNevada - 2/14/2014 7:37 AM
1 Vote
I agree this is a complete crock! I have been paying into the retirement system for 27 years and it's much more than the public pay into SS. Typical Neocon lies! So far I have paid 250k into my retirement so the greedy right had better keep their hands off!

retired51 - 2/13/2014 9:42 PM
1 Vote
What a crock!! I am a retired state employee and I certainly don't make $100,000 a yr. in my retirement! not even half that! I worked for the state for 26 yrs. and I can tell you that I paid toward my retirement far more than somebody that paid into social security!! If someone chose to work in the private sector then that was their choice! Don't target state employees!!

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