Asset Owner Directory

Nevada Public Employees’ Retirement

The Public Employees’ Retirement System of Nevada (PERS) is a tax-qualified defined benefit plan created by the Legislature as an independent public agency to provide a reasonable base income to qualified employees who have been employed by a public employer and whose earning capacity has been removed or has been substantially reduced by age or disability. It was also created to make government employment attractive to qualified employees and to encourage them to remain in government service for such periods of time as to give employers and the people of the state the full benefit of the training and experience gained by the employees while employed in public service. PERS is governed by a retirement law effective from the 78th session of the Nevada Legislature, 2015. Official legal reference may be found in the Nevada Revised Statutes.


United States



Performance (%, 1YR)


Chief Executive

Tina M. Leiss

Chief Investment Officer

Stephen J. Edmundson


Mark Stevens

Asset allocation

43.2% US Stocks

17.8% International Stocks

13.5% Private Markets

24.6% US Bonds

1% Cash related articles
Asset Allocation

A strategy to believe in

Nevada’s public pension plan only pays 11 bps in total costs due to 80 per cent of the fund being indexed. But CIO Steve Edmundson says low fees are a byproduct, not the reason for the strategy.