By Bob Jacksha, Chief Investment Officer The investment markets continued to produce attractive returns for the calendar through the end of September. Stocks did extremely well, with the S&P 500 returning over 22% for the first nine months of 2024. Overall, our...
All ERB offices will follow the closure schedule below starting December 24, 2024 at Noon to January 20, 2025. Offices will open the following business day at 8:00 a.m. December 24 at Noon – December 25, 2024 January 1, 2025 January 20, 2025 Please refer to the...
By The Communications Team A lifetime of hard work and dedication has led to this well-deserved milestone. We extend our sincerest appreciation and gratitude to all our recent retirees for your invaluable contributions to the state of New Mexico and the future...
By Member Services What is a beneficiary? A beneficiary is a person (or a supplemental needs trust) the member selects to receive the benefits of the member’s retirement account after they die. It’s your benefit; make sure it’s going to the right place. If you fail to...
By Renee Garcia, Communications Director The only constant in life is change”– Heraclitus Exciting changes have come to ERB, beginning with our new phone system! We’ve streamlined things to make it easier than ever to reach us. Members can say goodbye to multiple...
By Renee Garcia, Communications Director As the fall season approaches, we will begin hosting our Tour de Nuevo Mexico, covering areas in the Northeast and Southwest quadrants of the state. We began our tour this summer in the Northeast quadrant with stops in...
By The Communications Team We have been at work making it easier for you to: find the resources you need; learn about immediate updates through the ERB website and contact ERB for support. While there is still more to do, we would like to share some of the...
All ERB offices will follow the closure schedule below from October 2024 to December 2024. Offices will open the following business day at 8:00 a.m. October 14th November 11, 28-29 December 25 Please refer to the New Mexico State Personnel Office for inclement weather...
By David Archuleta, Executive Director Dear Members, I am excited to share with you the news that construction of our new office headquarters is underway. Framing of the 19,000 sq ft facility should be completed by the last week of April or the first week of May....
By Renee Garcia, Communications Director Under the defined benefit plan, contributions are standardized, and are made at the same percentage for each member and each employer. Contribution rates can be found on the Reference Table page of the ERB website. Below is an...
