State Data » Nevada » Nevada Public Employees Retirement System » Nevada Police Officer and Firefighter

Nevada Police Officer and Firefighter Basics

  • Established 1947
  • Currently open to new hires
  • Plan covers police and/or fire
  • Plan members not covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, Nevada Police Officer and Firefighter, 2001-2019

Fiscal Year Net Assets (billions)
2001 2.4
2002 2.4
2003 2.6
2004 3.0
2005 3.4
2006 3.8
2007 4.4
2008 4.4
2009 3.8
2010 4.3
2011 5.3
2012 5.5
2013 6.2
2014 7.3
2015 7.6
2016 7.8
2017 8.7
2018 9.3
2019 10.0

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2019

Fiscal Year Nevada Police Officer and Firefighter US State and Local Pensions
2001 3.1 1.4
2002 2.9 1.4
2003 2.7 1.3
2004 2.7 1.3
2005 2.7 1.3
2006 2.6 1.3
2007 2.6 1.3
2008 2.5 1.3
2009 2.4 1.3
2010 2.2 1.2
2011 2.0 1.2
2012 1.9 1.2
2013 1.8 1.1
2014 1.7 1.1
2015 1.6 1.1
2016 1.6 1.1
2017 1.5 1.0
2018 1.5 1.0
2019 1.5 1.0

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Nevada Police Officer and Firefighter, 2001-2019

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2001 25.6 0.0 14.5 25.6 25.6
2002 25.7 1.1 13.5 26.7 26.7
2003 25.6 1.6 17.5 27.3 27.3
2004 27.5 4.5 20.1 32.0 32.0
2005 28.1 3.8 21.2 32.0 32.0
2006 29.9 3.0 22.8 32.8 32.8
2007 30.1 3.0 25.0 33.0 33.0
2008 30.5 5.4 25.2 35.9 35.9
2009 30.5 5.4 26.2 35.8 35.8
2010 33.7 3.3 27.6 37.0 37.0
2011 33.8 4.6 29.6 38.4 38.4
2012 36.3 1.5 31.0 37.9 37.9
2013 35.4 4.8 31.2 40.3 40.3
2014 36.8 1.5 31.8 38.3 38.3
2015 36.9 0.8 33.9 37.7 37.7
2016 36.9 0.0 35.3 36.9 36.9
2017 19.6 0.0 33.3 19.2 19.2
2018 19.4 0.0 33.1 19.2 19.2
2019 19.3 0.0 34.3 19.1 19.1

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Nevada Police Officer and Firefighter, 2001-2019

Fiscal Year Nevada Police Officer and Firefighter National Data
2001 78.9 98.0
2002 78.1 88.4
2003 73.9 85.5
2004 71.7 81.5
2005 69.8 79.2
2006 68.9 80.4
2007 71.1 84.0
2008 70.8 78.7
2009 68.9 77.3
2010 67.8 75.2
2011 68.4 71.9
2012 70.1 70.6
2013 71.1 70.8
2014 74.3 72.1
2015 76.3 74.1
2016 77.1 72.5
2017 76.4 72.0
2018 76.5 72.8
2019 76.5 72.4

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for Nevada Police Officer and Firefighter, 2019

Category Percent
Equities 64.4
Fixed Income 25.2
Private Equity 0.0
Real Estate 0.0
Cash 0.4
Other 0.0
Commodities 0.0
Hedge Fund 0.0
Misc. Alternatives 10.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2019

Category Percent
Equities 47.2
Fixed Income 22.9
Private Equity 9.0
Real Estate 9.0
Cash 1.8
Other 0.0
Commodities 1.9
Hedge Fund 6.7
Misc. Alternatives 1.5

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for Nevada Police Officer and Firefighter, 2001-2019

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 42.5 42.3 0.0 0.0 4.2 0.0 0.0 0.0 10.9
2002 40.2 47.6 0.0 0.0 2.6 0.0 0.0 0.0 9.6
2003 43.6 44.1 0.0 0.0 4.3 0.0 0.0 0.0 8.1
2004 49.5 40.1 0.0 0.0 1.9 0.0 0.0 0.0 8.6
2005 53.7 34.7 0.0 0.0 2.4 0.0 0.0 0.0 9.2
2006 53.0 35.8 0.0 0.0 1.6 0.0 0.0 0.0 9.5
2007 55.6 33.5 0.0 0.0 1.7 0.0 0.0 0.0 9.2
2008 54.0 34.6 0.0 0.0 1.6 0.0 0.0 0.0 9.8
2009 56.1 34.0 0.0 0.0 2.1 0.0 0.0 0.0 7.8
2010 53.8 37.1 0.0 0.0 1.8 0.0 0.0 0.0 7.3
2011 56.1 34.0 0.0 0.0 2.1 0.0 0.0 0.0 7.8
2012 55.0 34.7 0.0 0.0 2.2 0.0 0.0 0.0 8.1
2013 61.3 28.9 0.0 0.0 2.3 0.0 0.0 0.0 7.5
2014 61.8 28.1 0.0 0.0 3.0 0.0 0.0 0.0 7.1
2015 63.7 27.5 0.0 0.0 0.8 0.0 0.0 0.0 8.0
2016 62.5 28.2 0.0 0.0 0.6 0.0 0.0 0.0 8.7
2017 63.2 27.3 0.0 0.0 0.4 0.0 0.0 0.0 9.1
2018 61.3 29.0 0.0 0.0 0.5 0.0 0.0 0.0 9.2
2019 64.4 25.2 0.0 0.0 0.4 0.0 0.0 0.0 10.0

Source: Public Plans Database


Annual Return as of June 30 for Nevada Police Officer and Firefighter, 2001-2019

Fiscal Year Nevada Police Officer and Firefighter Assumed return
2001 -1.50 8.00
2002 -2.70 8.00
2003 5.00 8.00
2004 12.10 8.00
2005 9.30 8.00
2006 8.80 8.00
2007 15.00 8.00
2008 -3.20 8.00
2009 -15.60 8.00
2010 11.00 8.00
2011 21.10 8.00
2012 3.10 8.00
2013 12.40 8.00
2014 17.60 8.00
2015 4.20 8.00
2016 2.30 8.00
2017 11.90 7.50
2018 8.60 7.50
2019 8.50 7.50

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Nevada Police Officer and Firefighter
2001-2019

Fiscal Year Cash Flow Assets
2001 63.4 2,427.2
2002 68.9 2,430.0
2003 70.2 2,625.3
2004 69.8 3,012.8
2005 75.3 3,371.6
2006 93.9 3,766.0
2007 92.3 4,429.6
2008 110.5 4,393.5
2009 94.3 3,777.6
2010 101.5 4,301.5
2011 76.8 5,295.2
2012 57.8 5,512.7
2013 25.9 6,223.9
2014 7.5 7,321.8
2015 6.4 7,635.3
2016 -27.4 7,777.9
2017 -40.6 8,651.6
2018 -60.2 9,327.9
2019 -66.9 10,042.1

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Nevada Police Officer and Firefighter
2001-2019

Fiscal Year Nevada Police Officer and Firefighter National Average
2001 2.6 -2.2
2002 2.8 -2.2
2003 2.7 -2.3
2004 2.3 -1.8
2005 2.2 0.8
2006 2.5 -1.4
2007 2.1 -1.4
2008 2.5 -1.5
2009 2.5 -2.3
2010 2.4 -2.1
2011 1.4 -2.0
2012 1.0 -2.2
2013 0.4 -2.4
2014 0.1 -1.9
2015 0.1 -1.7
2016 -0.4 -2.1
2017 -0.5 -2.1
2018 -0.6 -2.2
2019 -0.7 -2.2

Source: Public Plans Database

National data averages are weighted by plan size.

2019 Financial Reports

Benefits

Website for Nevada Police Officer and Firefighter benefit descriptions.