NMERB Fiduciary Duty
NMERB has a fiduciary duty to balance the risk and return potential in our portfolio in support of funding benefits for our members.
This is why NMERB invests the assets of the pension fund:
- Solely in the interest of, and for the exclusive purposes of, providing benefits to members and their beneficiaries and defraying reasonable expenses of administering the system.
- By investing and managing the fund as a prudent investor would, by considering the purposes, terms, distribution requirements and other circumstances of the fund. In complying with this duty, the NMERB will exercise reasonable care, skill and prudence. Individual investments are evaluated in the context of the NMERB portfolio as a whole and not in isolation, as well as a part of the continuing overall investment strategy.
- By using an asset allocation strategy that reflects the mission of the NMERB and is consistent with its fiduciary duty.
The NMERB Investments team focuses on achieving superior long-term returns to secure members’ retirement futures and deliver benefits that enrich their lives.
Managing the retirement assets of New Mexico Educators since 1957.
701 Camino de los Marquez
Santa Fe, NM 87505
PO Box 26129
Santa Fe, NM 87502
Email or call ahead for an appointment.
8500 Menaul Blvd. NE, Suite B-450
Albuquerque, NM 87112