ERB Board Meeting Calendar

 

 

2018 Board Calendar (PDF)

 

  

 

Board Meeting Notices and Agendas  (2018)

Public Meeting Notice--posted 1/8/18

 

Investment Committee Meeting Agenda--posted 1/11/18

 

 

 

 

 

 

 

                                                

 

For questions regarding your health or life insurance benefits, please contact New Mexico Retiree Health Care Authority 1(800) 233-2576.

 

If you have questions about your retirement application please email, ERB-MemberHelp@state.nm.us or call 1(866) 691-2345*.

 

ATTENTION: we are currently experiencing issues with our telephone system This impacts all three offices including the Santa Fe (Main Office), Santa Fe Investments Office, and the Albuquerque Office. You may experience an issue while calling or leaving a voice message. If you require assistance, email ERB-MemberHelp@state.nm.us. We have notified our Mitel administrator and they are working to resolve the issue. Thank you for your patience.   

 

 

Have you registered for your online Member Self-Service login? Click the lime green tab (MyNMERB Account) above and gain access to your NMERB information. If you experience any issues, feel free to email ERB-MemberHelp@state.nm.us or call 1(866) 691-2345.

 

Public Updates (2018)

1099-R Code Explanation--posted 1/22/18

2017 Press Releases (listed newest to oldest)

Educators’ pension fund investments posts positive return for the eighth consecutive quarter

The New Mexico Educational Retirement Board fund, which provides defined pension benefits to the state’s public educational employees, posted an investment return of 3.0%, net of management fees for the three months ending September 30, 2017.  This marks the eighth consecutive quarter of positive returns.  The fund has experienced only one negative quarter in the last 17 calendar quarters.

The fund also reached a new high in assets at $12.6 billion, an increase of $365.6 million for the quarter.

As for longer term results, net of investment management fees, the fund investments returned  11.1% over the last twelve months, a gain of approximately $1.3 billion, 8.3% over the last five years and 9.1% since July 1983.

Click here to read the full press release (posted 12/5/17)

 

Response to a guest editorial 11/29/17 Albuquerque Journal

A guest editorial in the November 29, 2017 edition of the Albuquerque Journal made several assertions about inadequacies in the investment operations of New Mexico’s public pension funds, the Educational Retirement Board (ERB) and Public Employees Retirement Association (PERA).
In order to address this, let’s start at the top. The stated mission of the ERB is: “Providing secure retirement benefits for New Mexico’s Educational retirement system.” That mission informs and guides all of our activities, including investing. Our board performs its fiduciary duties in this regard by setting our investment allocation and approving investments that will fund our members’ retirement benefits. We invest solely for the benefit of the participants in the fund. Our strategies reflect this mission. We do not invest for the benefit of anyone else including the governor. Any innuendo to the contrary is flat out wrong.

Click here to read the full press release (posted 12/2/17)

 

NMERB Improving Sustainability State Tour

NMERB's Executive Director Jan Goodwin and Deputy Director Rick Scroggins visited 13 cities across the state to discuss "Improving Sustainability". If you would like to watch a recorded version of this presentation click the image or follow the link: https://www.zoom.us/recording/play/UZKrS1mDe0BcuoZtvudcgLflanQWU--brzto4JT12zBNHZXhj30CYoUnI49hr5wM

 

Click here for the "Improving Sustainability" Press Release

Click here for a PDF of the presentation.