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Nevada's Public Employees Retirement System Billions in Debt, According to Study
Las Vegas Review-Journal
Sept. 9, 2008
Excerpt: The pension plan, which the study said is 'among the nation's most favorable public employee retirement systems,' provides a $37,380 annual pension to general government workers earning annual salaries of $50,000 who retire today after 30 years on the job. Those hired since 2001 would receive the same benefit if they retire after working 28 years.
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