General Information

The Educational Retirement Act (ERA) assures a sustained program of retirement benefits for New Mexico public school, college and university, and other employees of state educational institutions and agencies. 

Employees working more than 25% of a Full Time Equivalent (.25 FTE) are considered ERA covered employees.

ERA employers are:

• Public schools (including public charter schools, i.e., chartered by the local school board or the NM Secretary of Public Education)
• Universities, Junior and community colleges, public technical and vocational institutions
• New Mexico School for the Deaf and the New Mexico School for the Visually Impaired
• Regional Education Cooperatives and New Mexico Activities Association
• State Agencies providing educational programs (i.e. Department of Health, Public Education Department, Division of Vocational Rehabilitation, Educational Retirement Board, Department of Corrections).