ERB generated $3 billion in gains during 2021

Feb 25, 2022 | Announcements

February 25, 2022 by Bob Jacksha At the New Mexico Educational Retirement Board, investment earnings make up 56 cents of every dollar of employee pension benefits. Thus, investment performance is very important to the health of the pension fund. For the 2021 calendar...

ERB: a New Mexico leader in e-signing with DocuSign

Feb 23, 2022 | Announcements

February 23, 2022 by Lawrence Esquibel The New Mexico Department of Information Technology (DoIT) began a DocuSign project in 2019.  Representatives from several state agencies worked to move from the submission of physical documents to digital documents.  The...

Virtual Appointments with ERB Retirement Specialists 

Feb 22, 2022 | Announcements

February 22 by Mariana La Roche The New Mexico Educational Retirement Board is now offering a new service for all ERB members.  The ERB Virtual Appointments allow you to communicate face to face with our Retirement and Payroll Specialists without having to come into...

Welcome letter from ERB’s new Executive Director

Feb 18, 2022 | Announcements

February 18, 2022 Dear Educational Retirement Act Participants, As Executive Director of the Educational Retirement Board, I am excited and grateful for the opportunity to support the Board of Trustees and serve our members.  As the grandson and son of retired public...

Senate Bill 36

Feb 11, 2022 | Announcements

Santa Fe, NM, 01-27-2022Updated 02-15-2022 Senate Bill 36 (SB 36), AN ACT RELATING TO EDUCATIONAL RETIREMENT; INCREASING CERTAIN CONTRIBUTIONS TO THE EDUCATIONAL RETIREMENT FUND, sponsored by Senator Mimi Stewart. SB 36 passed the House of Representatives with 52...

ERB Announces New Executive Director

Dec 16, 2021 | Announcements

December 16, 2021 Santa Fe, NM – The New Mexico Educational Retirement Board of Trustees announced at its meeting on December 10, 2021, the appointment of David Archuleta as the new Executive Director, beginning January 10, 2022. Mr. Archuleta is joining ERB...

Virtual Appointment Scheduling Available November 8, 2021

Nov 3, 2021 | Announcements

Santa Fe – New Mexico Educational Retirement Board (NMERB) offices are currently closed to in person retirement consultations due to COVID – 19 restrictions. NMERB is pleased to announce that we will be offering a limited number of services through an virtual...

Cyber Security Encouraged: Beware of Spam

Sep 1, 2021 | Announcements

Santa Fe – Recently we received reports from NMERB-associated employers (Local Administrative Units) stating that their employees are being approached by individuals posing as third party vendors offering to provide a retirement review that includes information...

$3.6 Billion Return for the Fiscal Year

Aug 18, 2021 | Announcements

Santa Fe – For the 2021 fiscal year ending June 30th, the New Mexico Educational Retirement Board (ERB) fund, posted investment gains of $3.6 billion, net of fees, to finish the year with total assets of $15.8 billion, a new high.  The return was by far the highest...