Executive Director’s Update – January 2024

By David Archuleta, Executive Director Dear Educational Retirement Act Plan Participants, On behalf of the Educational Retirement Board (ERB), I hope everyone is staying healthy and well on their way to achieving their goals in 2024. By the time you receive this...

1099-R Information

By David Archuleta, Executive Director Are you under the age of 55, retired, and receiving benefits from ERB? There are a few things that you need to know about the benefits you have received. We encourage you to visit the appropriate IRS website and/or consult with...

New Complex

By David Archuleta, Executive Director On Monday, January 15, the Educational Retirement Board broke ground on its new office complex located at 5211 Las Soleras Drive on the south end of Santa Fe near Cerrillos Road and Interstate 25. This $15.8 million project will...

3rd Quarter 2023 Investment Update

by Bob Jacksha, Chief Investment Officer The main goal of our approach to investing is to produce long-term returns that meet our actuarial funding objective of 7% returns. If we were to fall short of that goal, it would take a longer amount of time than we would like...

ERB On The Road – Come along for the ride.

By Renee Garcia, Communications Director The new webinar schedule (a.k.a. On The Virtual Road schedule) for January to June 2024 has been developed and is ready for Members to register. Here is what we have scheduled: Webinar Topic Date Time Registration Link...

Return to Work

By David Archuleta, Executive Director As a reminder, there are several return to work opportunities for people wanting to help fill vacant roles across the state, ALL OF WHICH REQUIRE PRIOR APPROVAL from ERB before work commences. Failure to submit a return-to-work...

Cost of Living Adjustment (COLA)

By David Archuleta, Executive Director 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...

Executive Director’s Update – November 2023

By David Archuleta, Executive Director Dear Educational Retirement Act Plan Participants, 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...

Investment Performance

By Bob Jacksha, Chief Investment Officer 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...

ERB On The Road Series – Virtually and Onsite!

By Renee Garcia, Communications and Outreach Director ERB’s Communication team has been busy promoting and conducting our on the Road virtual series, in addition to our onsite presentations. We understand the value of the information surrounding the Educational...