Is New Mexico Educational Retirement Board (ERB) Fully Funded?
New Mexico Educational Retirement Board (ERB) has a funding ratio of 64.1%, with $8.1B in unfunded liabilities. It has a Health Score of 58/100 (C). This plan is not covered by PBGC insurance.
Key Data
| Metric | Value |
|---|---|
| Funding Ratio | 64.1% |
| Health Score | 58/100 (C) |
| Unfunded Liability | $8.1B |
| Total Participants | 92,000 |
| PBGC Risk Level | Not covered |
| Plan Type | public |
New Mexico Educational Retirement Board (ERB) has a funding ratio of 64.1%, with $8.1B in unfunded liabilities. It has a Health Score of 58/100 (C). This plan is not covered by PBGC insurance.