The NMERB has appointed Jan Goodwin as its Executive Director. She is a graduate of Wesleyan University (B.A.) and the New York University Stern School of Business (M.B.A.) Goodwin is a C.P.A. and a member of the American Institute of Certified Public Accountants. She was also an adjunct lecturer for the New York University Real Estate Masters Program. Most recently Ms. Goodwin has been the Cabinet Secretary for the NM Taxation and Revenue Department. After a search that included several qualified applicants, the Board unanimously approved Ms. Goodwin for this position on March 26, 2008.

Ms. Goodwin began working for the State of New Mexico in 1998 as Deputy Director of the State Investment Council, which manages the state’s permanent endowment funds and investments for other state entities. In 2000, she was appointed as Director of the State Board of Finance. The Board of Finance issues two of the state’s major bond programs and provides general supervision of the state’s fiscal affairs. From 1996 to 1998, she served as Cash Management and Investment Officer for the City of Santa Fe, where she developed investment policy and managed the city’s investments.

Jan Goodwin

NEWS

How are we doing?

Our Member Satisfaction Survey is in. Read here about our member's experiences with NMERB.

Read NMERB-Member Features

NMERB is currently issuing an RFP to perform Annual Audit Services, this has been posted in the RFP section.

NOTE - the due date for Acknowledgement of Receipt and questions has been extended to close of business Wednesday, May 14, 2008.

NMERB is currently issuing an RFP for an Emerging Market Manager, this has been posted in the RFP section.
2008 Cost of Living Adjustments (COLA) for Retiree's has been posted - click here
The ERB Interest Rate Policy has been posted - click here

New Summer Retirement Seminars at ERB

ERB is offering special summer seminars beginning this summer. Since many educational employees have the summer off these seminars will be held during the day at two different Albuquerque locations. There will be three different seminars. To learn more and to register, click here.

Our Retired Members

Of ERB’s 28,000 plus retirees 24,000 live in New Mexico. We have compiled the membership as of March, 2007 and list them by both city and county. Our retirees are spread over 347 cities and towns in New Mexico. As you might imagine, retirees tend to stay where they have lived most of their lives. The largest cities have the largest number of retirees as well. While we have not researched how often educational retirees leave the place from which they have retired, it appears that most choose to remain where they are.

For a complete list of member numbers by city click here.

ERB Benefit Calculator

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NEWS BRIEFS

Direct Deposit for
All Pension Checks
Required by Jan. 1, 2007
more

View all direct deposit dates for 2008

QUESTION OF THE MONTH

Q: Can I contribute more to my retirement so I can retire sooner?

A: Contributions to your ERB retirement are condition of employment for anyone working at more than .25 of a full time equivalent for their job. Contributions for the 2007-2008 school year are 7.75% of your salary. You cannot contribute more or less than the amount determined by state law.