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Nevada pension systems discourages teachers from staying in the profession

OCTOBER 9, 2017 | by Robert Fellner | LAS VEGAS REVIEW-JOURNAL

Op-ed by Robert Fellner, includes “…And because PERS relies on partial-career teachers to subsidize their full-career counterparts, young teachers fare even worse. In fact, multiple studies from scholars at the Bureau of Labor Statistics and numerous universities have found that nearly all new teachers will be “net losers” under PERS … Unfortunately, the Legislature’s repeated kowtowing to short-sighted lobbyists has created a system that fails nearly everyone but the tiny fraction of employees who retire around the 30-year mark. …”

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