retirement

Carson City Sheriff's Office traffic deputy Rick Dodds retires today, Thursday, after 26 years on the force.

Dodds joined the Carson City Sheriff's Office on July 24th, 1987 after spending two years as a reserve officer. This year he was chosen by his colleagues as Carson City Sheriff's Office Deputy of the Year.

At a retirement luncheon thrown by colleagues on Wednesday, Dodds said he was grateful for the years he spent on the force, telling his fellow officers that they are among the best professionals in law enforcement.

Another vestige of the Comstock’s proud history will come to a close when the Mark Twain Bookstore closes its doors later this year.

The bookstore, has been in operation for the last 20 years and is owned by Joe and Ellie Curtis of Virginia City. As its name implies, the book store specializes in the works of Mark Twain, but also contains numerous volumes on Western Americana, focusing largely on Nevada, the history of Virginia City and the famed Comstock Lode.

Where to Retire magazine has picked Carson City as a top retirement destination. The capital city is profiled in the September/October issue, available nationwide on Aug. 13.

Carson City possesses qualities important to today’s retirees, said Where to Retire Managing Editor Annette Fuller.

Brenda Frances Barlett lost a lawsuit in the United States Tax Court regarding her 2008 individual income tax return. T.C. Memo. 2012-254.

She prepared her own return on Turbo Tax, reporting a total tax of $44,619. IRS determined the correct liability was $88,287 and the Tax Court agreed with IRS.

No facts were in dispute. She received $223,870 from the employer retirement plan when she retired. She only reported $119,400 as taxable, but it was all taxable. She underreported her pension income by over $100,000.

Hope Charity (Brown) Garcia passed away peacefully in her home. She worked for Sierra Place Retirement and Assisted Living Community as a DSD, CSI&P, CFM, Director of Dining Services. She was prede...

The 2012 education PISA* rankings indicate that the USA came in at 25th for math, 14th for reading and 17th for science out of 30 countries with only three of those countries spending slightly more money per pupil than America. Yet the mantra for more money, benefits and taxes for education continue just as it has for the last sixty years. If more money will solve the education problem then why hasn't it ever worked in the last sixty years?

A 49-year-old man was sentenced Monday in Carson City District to up to 6 years in prison for one felony count of eluding a peace officer and one count of sales of a controlled substance.
Mark Garner of Carson City, will spend up to 12 years in prison, according to a news release from the Carson City District Attorney's Office.

Alfred Doten had one of the longest tenures of any Sagebrusher in the history of the Comstock. His Nevada career began at Como in 1863, and ended 40 years later with his death in Carson City in 1903.  Today Doten is remembered for the journals he wrote spanning 54 years documenting his career and personal experiences. Seventy years after his death, the University of Nevada Press published a massive three volume set, weighing a hefty 14 1/2 pounds, titled: “The Journals of Alfred Doten 1849-1903.”

As soon as the snow started to fly in Hope Valley, David Beck had the feeling that the short-lived "retirement" lifestyle he had been tolerating was going to be over very soon if he could have his way. He had the feeling that all he needed was to recover a little bit from his new knee replacement, and soon he could be out again mushing behind a full set of huskies on the snowy trails of Hope Valley.

Now here is a story that SHOULD make your blood boil, especially because for some reason the story “hit” on Christmas Eve.

Pension Politics: California system plays hard ball in court – Opinion – ReviewJournal.com
http://www.reviewjournal.com/opinion/pension-politics-california-system-...

CARSON CITY – The long-term unfunded liability of Nevada’s public employee retirement plan improved slightly in fiscal year 2012, up to 71 percent fully funded from 70.2 percent in the previous year, a state official said today.

The plan saw the modest improvement even though the return on investment for the fiscal year was only 2.9 percent. The small gain came after a record 21 percent investment gain in 2011.

Most of the 100,000 active public employees in Nevada will have to pay 2 percentage points more in retirement premiums starting July 1.
The PERS board, basing its decision on a study by an actuary, voted Wednesday to increase retirement rates to 25.75 percent of each regular employee's wages, with half of that paid by the employee and half by the employer.

Eric Abowd and Steve Rose, partners and Carson City lead financial advisors at locally-based Abowd & Rose Financial Group, recently announced they will once again offer a $3,500 college scholarship in May 2013 to a local high school student.

After 21 years serving as executive director of the Carson City Convention and Visitors Bureau, Executive Director Candy Duncan has announced her retirement.
She will officially retire on Jan. 1, she told the board in a letter. During her tenure, Duncan oversaw the transformation of Carson City as a travel destination, changing the tourism paradigm by highlighting the area's rich history and modern amenities as attractive attributes to luring visitors to the capital city.

Krys Bart’s retirement as president/CEO of the Reno-Tahoe Airport Authority is still a year away, but the process of finding her replacement has begun.
The authority’s board of directors is looking to hire a search firm to come up with candidates for the position Bart has held for the past 14 years and whose three-year contract expires in December 2013.

CARSON CITY – Candidates in two of Nevada’s hotly contested Congressional races debated the issues Thursday in separate 30-minute discussions on public television.

CARSON CITY – Nevada is among the states with the highest amount of government debt per capita at $14,949, according to a new report from State Budget Solutions (SBS), a non-partisan advocate for state budget reform.

The level of debt put Nevada at 37^th highest among the states.

CARSON CITY – It’s not just jobs and the economy but the future of Social Security and Medicare that concerns Nevadans aged 50 and older in this 2012 presidential election year, according to a new poll commissioned by the AARP and released today.

PRESS RELEASE

FOR IMMEDIATE RELEASE
Contact: Andrea Moore
900 N. Roop St
775.887.2244 x 1019
awmoore@clan.lib.nv.us

Explore the World @ Your Library: Serbia

CARSON CITY, NEVADA-Carson City Library will present Explore Serbia @ Your Library on Thursday, July 26th, at 6:00 p.m., in the library auditorium. Dragan Zivkovic will present this program. Having been born in Serbia, Zivkovic will share his unique understanding of his native country.

CARSON CITY – Nevada’s Public Employees’ Retirement System earned an estimated 2.9 percent return on its investments in the fiscal year ending June 30, and is now valued at $25.8 billion, an official with the plan said today.

The 2012 return is below the 8 percent anticipated annual return for the system’s investments over the long term.

CARSON CITY – The Governmental Accounting Standards Board (GASB) has voted to approve two new standards that the group says will substantially improve the accounting and financial reporting of public employee pensions by state and local governments.

CARSON CITY – The financial health of Nevada’s public employee pension plan is cause for serious concern because it is only 70 percent funded as of fiscal year 2010 with a $10 billion gap, a national organization reported this week.

The Pew Center on the States said the funding ratio in Nevada is below the 80 percent benchmark that fiscal experts recommend for a sustainable program.

CARSON CITY – Richard Combs, most recently an Assembly fiscal analyst and member of the Legislative Counsel Bureau staff since 1994, was unanimously supported today by the Legislative Commission as the new director of the agency.

Services for legendary radio commentator Travus T. Hipp will be held this Saturday, May 26, in Silver City. Hipp died early Friday morning, May 18, at his Silver City home. He was 75, as old as the Golden Gate Bridge in his beloved San Francisco.

A memorial service will be held Saturday, May 26, in Silver City. Gathering, gnoshing and remembering will begin at the Silver City Community Center, 385 High Street, at 10:00 a.m. Food and refreshments will be provided. Those who wish may bring more.

CARSON CITY – A little-known benefit of Nevada’s public employee pension plan is the right to purchase up to five years of service towards retirement.

Referred to by some as “air time,” or the ability to add years of retirement without actually putting in the time in a public sector job, the benefit can allow state and local government workers to retire early, collecting annual pensions years before they would be eligible otherwise.

CARSON CITY – A conservative Nevada think tank today published a guide for policymakers and the public on issues ranging from the state spending to public education to tax policy.

The 88-page sourcebook, called “Solutions 2013” is a compilation of research and policy recommendations from the Nevada Policy Research Institute addressing 39 different subject areas.

CARSON CITY – A national nonprofit organization seeking fundamental reforms to state budgeting today sent a letter to the nation’s governors urging them to follow General Motors’ lead and freeze defined benefit pensions for all public employees.

CARSON CITY – With the potential for several vacancies within the state District Court system in the 2012 election year, the Secretary of State’s Office has issued a legal interpretation to address the issue of nominating candidates to vacated seats and to clarify questions about the process.

At least one District Court judicial seat in Clark County, and possibly more, could soon be vacant.

CARSON CITY – The state of Nevada’s tough financial situation is holding up two separate interim studies approved by the Legislature because of the requirement for alternative funding sources to assist in conducting the reviews.

Adele's is a Carson City landmark. This long-time restaurant — located in one of the oldest homes in town — attracts discriminating diners with its classical ambiance and reputation of its renown chef Charlie Abowd.

But now the restaurant is doing something new that will likely shake things up in Carson City early in the morning. They are serving breakfast.