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IRS Plan Could Eliminate Public Employee Early Retirement Options
Las Vegas Review-Journal
Sept. 23, 2008
Excerpt: A major change proposed by the IRS for public pension plans, including Nevada's public employee retirement system, could eliminate early retirement pay for government employees in less than two years. A new regulation the agency is pursuing would prohibit most public pension plans from allowing participants to retire and collect benefits earlier than age 55, with a preferred retirement age of 62. This would cover everyone from teachers to police to city and state workers in Nevada and across the country.
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