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December 20, 2010 / jimnv

PERS Responds to Las Vegas TV Station

PERS misinformation never ends. First and always, it is the LV Review Journal with its lies and distortions and now a Las Vegas TV station implying a PERS bankruptcy and an impending bailout. Now, PERS has responded with a well written statement to News 3’s December 16th broadcast. Click here for the statement.


There is no funding crisis at PERS and it is not in trouble and there will be no bailout.

The System is sustainable in the short-term and in the long-term and had $23 billion in assets. PERS finances are reviewed and audited annually.



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