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PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF NEW MEXICO PUBLIC EMPLOYEES RETIREMENT BOARD P

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF NEW MEXICO PUBLIC EMPLOYEES RETIREMENT BOARD P 2026

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The document outlines the process for elected officials in New Mexico to apply for exclusion from membership in the Public Employees Retirement Association (PERA). It includes instructions for completing the exclusion form, eligibility criteria, and details regarding the implications of such an exclusion on retirement benefits. Elected officials must file a written application within 24 months of taking office to be exempted, and they can withdraw this exemption at any time.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the 'Name of PERA Affiliate' and 'PERA Affiliate Mailing Address'. Ensure all required fields marked in bold italics are completed.
Next, provide your personal information under 'EMPLOYEE INFORMATION', including your Social Security Number, first and last name, and contact details such as telephone numbers and email address.
Indicate your gender and date of birth. Also, specify your city and state of birth.
In the section regarding elected office, clearly state the office you were elected to along with the term dates. This is crucial for processing your exclusion from membership.
Review the 'ELECTED OFFICIAL CERTIFICATION' section carefully. Sign and date where indicated to confirm your understanding of the terms.
Finally, ensure that a notary public completes the notarization section before submitting the form for processing.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the average PERA pension in New Mexico?

However, while PERA offers docHub benefits for innovation, global competitiveness, and emerging technologies, it also raises concerns about potential drawbacks, including the risk of overly broad patents and unintended legal complexities.

What is the 75 year rule for retirement?

The average monthly retirement benefit for members is $2,606. PERA serves 47,855 active employees and 45,216 retired members and survivor beneficiaries. New employees contribute 7.42-10.92% of pay to PERA. After a 30-year career, a pension benefit from PERA will replace 50% to 75% of an employees final average salary.

Who is eligible for PERA retirement in nm?

Any age with 14 years or more of service credit; or Age 60 or older with twelve or more years of service credit; or Age 63 years or older with eleven or more years of service credit; or Age 64 years or older with 8 or more years of service credit; or Age 65 years or older and five or more years of service