Nevada trustees direct staff to run RFI and begin RFP work on employee savings program

Aug 26, 2024

The Board of Trustees instructed staff to run a parallel RFI and to begin RFP preparations to decide whether Nevada should launch its own Employee Savings Trust or join an interstate partnership. Staff will return to the Board with RFI results at the September meeting.

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The Board of Trustees of the Nevada Employee Savings Trust voted unanimously Aug. 26 to direct staff to begin a request-for-information (RFI) process and simultaneously start preparatory work for a request-for-proposal (RFP) to evaluate options for launching the Nevada Employee Savings Trust (NEST) program. Treasurer Zach Conine moved the action, saying he wanted staff to run the two paths in parallel so the Board would have options at its September meeting.

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