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Legislative Positions

Memo: NSEA Supports Senate Bill 418

NSEA supports Senate Bill 418 to ensure that members enrolled in PERS are protected when any public employer is delinquent in their PERS contributions.
SB418
By: Nevada State Education Association, The Voice of Nevada Educators for Over 125 Years In All 17 Counties
Published: March 28, 2025

This directly impacts PERS members since their years of service cannot be credited until contributions are received. Specifically, SB418 directs the Superintendent of Public Instruction to deduct delinquent amounts due to PERS, including charter schools, when notified by PERS. 

It is troubling that certain public employers do not feel that they need to be responsible with public monies and honor the commitment that they made to their employees – to make on-time payments to their retirement accounts. 

PERS is also harmed when public employers are in arrears in this situation. PERS is unable to invest those contributions and does not have those funds earning the expected return rate. 

Nevada PERS has continued to rank in the top 3rd percentile. On-time payments of public dollars from public employers is necessary to ensure PERS remains one of the highest ranked retirement systems in the U.S. We encourage to pass SB 418 to protect our dedicated public employees

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