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At a glance: actions by the Nevada Employee Savings Trust Board on Aug. 26, 2024
Summary
The Board unanimously approved July 22 minutes, directed staff to run an RFI and begin RFP preparations for NEST, and approved its 2024 meeting calendar; staff reported a study on including independent contractors is underway.
Key votes and formal actions taken at the Aug. 26 meeting of the Board of Trustees of the Nevada Employee Savings Trust:
- Approval of minutes (July 22, 2024): Motion to approve made by Lieutenant Governor Stavros Anthony; the Board voted unanimously to approve the minutes.
- Direction to staff to pursue parallel tracks (RFI and RFP prep): Treasurer Zach Conine moved that staff begin an RFI and start preparatory RFP work for a Nevada-specific plan while the RFI runs. The motion passed unanimously.
- Approval of 2024 board meeting calendar: Lieutenant Governor Stavros Anthony moved to approve the 2024 calendar; Treasurer Conine seconded and the motion passed unanimously.
- Informational item: staff reported they will prepare a feasibility study on including independent contractors in NEST with DETR and Pew assistance; draft expected in November and final draft in December for transmittal to the Legislature.
All formal votes recorded in open session resulted in unanimous approval of the motions described above.
