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How NVPERS, step by step, made Nevada government employees some of the nation’s richest

JULY 27, 2016 | by Robert Fellner | NEVADA POLICY RESEARCH INSTITUTE

By Robert Fellner, includes "...governments, finally, are ill-equipped to provide public pensions: Financially naïve citizen-lawmakers can too easily be lobbied and/or intimidated by public unions into approving legislation that enriches union members at the expense of the general public. Because the costs of the schemes are essentially hidden in the pensions’ actuarial complexity and are extended out over future generations, compliant lawmakers escape election accountability..."

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