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Nevada Public Employees pension fund returns 9.1% for fiscal year

Nevada Public Employees' Retirement System reported a gross return of 9.1% for the fiscal year ended June 30, below its benchmark.

Nevada PERS to Add Another Investment Officer | Chief Investment Officer

Nevada PERS to Add Another Investment Officer Steve Edmundson will no longer be the lone investment staff member at the $53.2 billion state pension fund. The Nevada Public Employees’ Retirement System (PERS) is reportedly adding another investment officer to its staff, which would increase the $53.2 billion pension fund’s investment team to two. A Nevada PERS joint budget committee last week approved a budget that includes the creation of an additional investment officer to join Steve Edmundson, who is currently the pension fund’s CIO and lone investment office employee, according to The Nevada Independent, a nonprofit news organization. The new investment officer would be paid a base annual salary of $189,222 along with benefits, which would be paid for by PERS administration fees.