The Public Employees’ Retirement System of Nevada (PERS) is a tax-qualified defined benefit plan created by the Legislature as an independent public agency to provide a reasonable base income to qualified employees who have been employed by a public employer and whose earning capacity has been removed or has been substantially reduced by age or disability. It was also created to make government employment attractive to qualified employees and to encourage them to remain in government service for such periods of time as to give employers and the people of the state the full benefit of the training and experience gained by the employees while employed in public service. PERS is governed by a retirement law effective from the 78th session of the Nevada Legislature, 2015. Official legal reference may be found in the Nevada Revised Statutes.
United States
$64
14
Tina M. Leiss
Stephen J. Edmundson
Mark Stevens
35.1% US Stocks
13.9% International Stocks
12% Private Markets
27.8% US Bonds
11.2% Short-term Investments
Asset allocation as of June 30, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website