New Mexico Public Employees Retirement Association
public plan · State of New Mexico · Albuquerque, NM
ACTIVE
B
Pension Health Score
79/100
Funding Status72% Funded
0%80% threshold100%
$16.2B
Total Assets
$22.6B
Total Liabilities
$6.4B
Unfunded Liability
108,241
Participants
Funding History
What This Means for You
New Mexico Public Employees Retirement Association is in good financial health at 72% funded. This means for every dollar the plan owes in future benefits, it has 72 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $16.2B | $22.6B | 71.6% | $618.4M |
| 2024 | $15.7B | $23.4B | 67.2% | $753.5M |
| 2023 | $15.4B | $21.0B | 73.5% | $768.8M |
| 2022 | $14.3B | $23.0B | 61.9% | $614.1M |
| 2021 | $13.7B | $24.7B | 55.4% | $681.0M |