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Box 2123, Santa Fe, New Mexico 87504-2123 (505) 476-9401 fax (505) 476-9300 voice (800) 342-3422 Tol

Box 2123, Santa Fe, New Mexico 87504-2123 (505) 476-9401 fax (505) 476-9300 voice (800) 342-3422 Tol-2026

Box 2123, Santa Fe, New Mexico 87504-2123 (505) 476-9401 fax (505) 476-9300 voice (800) 342-3422 Tol Preview on Page 1

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The document outlines the process for employees to apply for exclusion from membership in the Public Employees Retirement Association (PERA) of New Mexico. It includes instructions for completing the exclusion form, categories of exclusion, and implications of being excluded from PERA membership, such as disqualification from retirement benefits. The document also provides definitions for various employee classifications that may qualify for exclusion.

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Click ‘Get Form’ to open it in the editor.
Begin by entering your Employee Information. Fill in your Social Security Number or PERA ID Number, First Name, Middle Initial, Last Name, and Date of Birth. Ensure all required fields marked in bold italics are completed.
Provide your contact details including Home Telephone Number, Business Telephone Number, Email Address, and Street Address. Select the appropriate Address Type: Permanent or Temporary.
Indicate your Current Marital Status by checking the corresponding box. Then select your Gender and City/State of Birth.
Review the Employee Exclusion Categories on the reverse side of the form and check only one box that applies to your situation.
Sign and date the Employee Certification section to confirm your understanding of the exclusion from PERA membership.
If applicable, complete the Current Employment Information section with details about your employer and their certification.

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

Is PERA mandatory in New Mexico?

Eligible employees are required by State of New Mexico law to join the Public Employees Retirement Association of New Mexico (PERA).

How does New Mexico PERA work?

Because PERA is a defined benefit plan, you are guaranteed life-long monthly benefits after retirement. Benefits are paid when certain age and service credit eligibility requirements are met, regardless of the amount of member contributions paid into the plan.

What is the average PERA pension in New Mexico?

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.