State Data » New Mexico

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
New Mexico PERA 17,813.9 90,422 71.4 100.0 New Mexico Public Employees Retirement Association
New Mexico Educational 16,361.5 123,993 62.8 69.0 New Mexico Educational Retirement Board

Source: Public Plans Database (as of 2021)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021

Fiscal Year NM US
2001 4.7 2.9
2002 4.9 3.0
2003 4.8 3.4
2004 4.9 4.2
2005 4.9 3.8
2006 4.9 3.7
2007 5.4 3.9
2008 5.2 4.2
2009 5.9 4.4
2010 6.2 4.6
2011 6.1 4.9
2012 7.0 5.0
2013 6.1 5.2
2014 6.2 5.6
2015 5.4 5.8
2016 6.3 6.1
2017 6.1 6.0
2018 6.2 6.4
2019 5.1 6.2
2020 5.5 6.6
2021 6.0 6.8

Source: Public Plans Database and Census of Governments.

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