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...
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...
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...
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...
Jun 8, 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...
May 5, 2021 | Announcements
Santa Fe – New Mexico Educational Retirement Board (NMERB) Interim Executive Director Rick Scroggins is pleased to announce that Mr. Lawrence Esquibel is the new NMERB Deputy Director. Mr. Esquibel served as Chief Information Officer with the NMERB for six and a...
Apr 7, 2021 | Announcements
Santa Fe – Monday, April 5, 2021, Governor Michelle Lujan Grisham signed Senate Bill 42 into law. The new law improves ERB’s sustainability for New Mexico’s public education employee retirement. Senate Bill 42 will increase ERB’s employer contributions by 1%...
Feb 19, 2021 | Announcements
Senate Bill 303, sponsored by Sen. Antoinette Sedillo Lopez, if enacted into law, will change the Educational Retirement Board membership composition. The board membership would increase from seven members to nine members. Additional members joining the Board would be...
Mar 31, 2020 | Announcements
The federal CARES Act allows coronavirus-related distributions from certain types of eligible retirement plans, such as IRAs and 401(k) plans. However, the CARES Act provisions do not apply to 401(a) governmental pension plans such as ERB’s plan. The ERB plan does not...
Mar 15, 2020 | Announcements
During the COVID-19 outbreak, in order to keep our retirees, members and staff safe, most NMERB staff will be working remotely, and our offices are not open to our members or the public. Please feel free to call us at (505) 827-8020 or toll-free at 1(866) 691-2345 Be...
