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Opinion: Nev. pension system paid $71K to PR firm


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By Victor Joecks, Las Vegas Review-Journal  

Nevada’s Public Employees Retirement System has just spent your money to make sure you have a better opinion of the … Public Employees Retirement System.

Last November, the PERS board hired an out-of-state PR firm to review its communications efforts. One of the goals was to “develop compelling messages to proactively tell the PERS story and get ahead of opponents and the media.” That’d be like using the company credit card to come up with a plan to undermine the owner of your company. As much as the state’s pension system wants to pretend otherwise, government ultimately works for you, the taxpayer.

Taxpayers have poured billions and billions of dollars into PERS to support generous benefits that aren’t available to private-sector workers. And taxpayers are on the hook for billions of dollars worth of promised benefits that PERS won‘t be able to pay.

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