November 4, 2011

Transparency Review (10/31-11/4)

  • NPRI released a new study titled "Reforming Nevada's Public Employees Pension Plan." Written by Andrew Biggs of the American Enterprise Institute, the study reveals how PERS's unfunded liabilities are $41 billion, and annual contributions need to rise from $1.6 billion to $5.8 billion to fully fund the plan.
  • Former congresswoman Dina Titus officially announced her candidacy for the new 1st Congressional District. She will face a primary against state Sen. Ruben Kihuen, who is also running in the 1st district.
  • Cash-strapped North Las Vegas continues to foot the legal bill for several lawsuits stemming from their June elections. There are three lawsuits involving Councilman Wade Wagner's one-vote victory in the general election and an ethics complaint filed against Mayor Shari Buck.
  • Keep checking TransparentNevada and following us on Twitter @TransparentNV for the latest transparency updates.