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NMERB Seeks Your Input on Proposed Changes to Retirement Plan

The New Mexico Educational Retirement Board is preparing proposals for adjusting some retirement benefits that could go into effect July 2012, citing long-term solvency issues with the retirement fund.

Aug 10, 2016

The New Mexico Educational Retirement Board is preparing proposals for adjusting some retirement benefits that could go into effect July 2012, citing long-term solvency issues with the retirement fund. The NMERB has developed six proposals that could result in changes to the retirement plan, such as changes to minimum retirement age and cost-of-living increases for retirees.

The NMERB is holding "Listening Tours" across the state to explain the proposals and seek input from NMERB members. CNM encourages all employees to be informed on the proposals and voice your opinions to the NMERB.

The NMERB will decide on one proposal and it will be presented to legislators during the 2012 session of the New Mexico Legislature that begins on Jan. 17.

More detailed information about the six current proposals, an online survey about the proposed changes that provides you an online opportunity to voice your opinion, and the Listening Tour schedule are available at www.nmerb.org.