Changes To NV Public Employee Retirement Board Discussed
A bill changing the makeup of Nevada's public employee retirement board has met stiff opposition from Democrats and union representatives.
Republican Assemblyman Randy Kirner introduced AB3, which would bring the number of board members from seven to nine, and specify that three members must be non-public employees. The existing board is made up entirely of public employees.
Kirner said the bill wasn't an "indictment" of the board but an attempt to add objectivity and to include outside members with knowledge of retirement plan funding.
Opponents to the bill filled a number of overflow rooms in Carson City and Las Vegas to testify against the bill. They called it unnecessary and say it removes input from actual recipients of the program.
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