Receiving a Distribution from ARP

Upon bona fide termination of employment

ARP participants may choose one of the following options:


Upon retirement, ARP participants have three options:

  • a monthly annuity based on the retiree’s estimated life span,
  • payments received over a fixed term of years, or
  • a lump-sum payout.


An ARP participant may obtain a refund or rollover of their account, provided they have first terminated employment with ARP employers. ARP participants should contact their carrier for information regarding refund or rollover requirements. Unless the account is directly rolled over to an eligible retirement plan, distributions are subject to federal and state income tax withholding and may be subject to federal tax penalties if under age 59½. ERB cannot provide advice on the tax consequences of distributions.


Managing the retirement assets of New Mexico Educators since 1957.

Contact Information

Santa Fe
(Main Office)

Member Services Contact Form

Physical Address
701 Camino de los Marquez
Santa Fe, NM 87505

Mailing Address
PO Box 26129
Santa Fe, NM 87502

1(866) 691-2345

Main Office
(505) 827-8030

(505) 827-1855

Albuquerque Office
Email or call ahead for an appointment.

Member Services Contact Form

Physical Address
8500 Menaul Blvd. NE, Suite B-450
Albuquerque, NM 87112

(505) 888-1560

(505) 830-2976

NMERB Publications