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Public employee groups urge PEBP board to support AB188 and warn against Nevada Health Authority changes
Summary
Public commenters and the PEBP executive officer discussed Assembly Bill 188 (restoring retiree health subsidies) and proposed Nevada Health Authority legislation, raising concerns about fiscal notes and board authority.
Public commenters representing faculty and retiree groups urged the Public Employees Benefits Program (PEBP) board to support Assembly Bill 188, which would restore retiree health subsidies for employees hired on or after Jan. 1, 2012, and raised concerns about proposed Nevada Health Authority legislation that they say would reduce the board—s independence.
Why it matters: AB188 would change eligibility for retiree subsidies and could increase the plan—s long-term OPEB liability; the Nevada Health Authority bills would reorganize state benefits oversight and, according to commenters, could remove the board's current selection and fiduciary authority.
Kent Ervin of the Nevada Faculty Alliance told the board, "We urge your support of AB188 as amended, restoration of Public…
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