Announcements

Cost of Living Adjustment (COLA)

The first COLA to a retiree’s benefit is made on July 1st of the year in which the retired member reaches age 65 for Tiers 1 & 2, and age 67 for Tiers 3 & 4, or on July 1st of the year following the member’s retirement date, whichever is later.

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Executive Director’s Update – November 2023

Greetings and well wishes! Fall is officially underway with shorter days, coolers nights and changing colors. As winter approaches I am excited to share several big updates regarding two major projects going on with the Educational Retirement Board (ERB).

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Investment Performance

Another fiscal year is in the books for ERB and it was a positive one for the investment portfolio. For the year, we were slightly short of our 7% annual target. However, for the ending date of June 30th, we did handily exceed the target for all periods longer than one year.

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Return to Work Reminder

As a reminder, any retiree receiving a pension from the Educational Retirement Board (ERB) who wishes to employed by an ERB contributing employer must submit and obtain approval of a return-to-work application from ERB prior to work commencing.

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Managing the retirement assets of New Mexico Educators since 1957.

Contact Information

Santa Fe
(Main Office)
8am-5pm

Member Services Contact Form

Physical Address
701 Camino de los Marquez
Santa Fe, NM 87505

Mailing Address
PO Box 26129
Santa Fe, NM 87502

Toll-Free
1(866) 691-2345

Main Office
(505) 827-8030

Fax
(505) 827-1855

Albuquerque Office
8am-5pm
Email or call ahead for an appointment.

Member Services Contact Form

Physical Address
8500 Menaul Blvd. NE, Suite B-450
Albuquerque, NM 87112

Phone
(505) 888-1560

Fax
(505) 830-2976

NMERB Publications