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...
