01-06-2015 05:27 via NevadaAppeal.com

Nevada Legislature: Proposed PERS conversion dead, Kirner calls for interim study

Assemblyman Randy Kirner, R-Reno, said Sunday his bill to convert the Public Employees Retirement System into a hybrid system offering new hires a modified 401K is dead this legislative session.He said the bill will instead be turned into a study designed to examine the sustainability of the existing retirement system and alternatives that might improve it.“I acknowledge that I’m not going to be able to get the hybrid PERS plan I proposed through,” he said.Instead, he said an interim stud
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