Pension Plans in New Mexico, Ranked by Health Score
New Mexico has 2 pension plans covering 200,000 participants. The average funding ratio is 66.0%, ranking #37 among all states. 2 plans are underfunded.
New Mexico has 2 pension plans in our dataset, ranked below by the LakeQuality pension-health composite. The score combines current funding ratio (50%), multi-year funding trend (30%), and PBGC risk classification (20%) into a 0-100 grade.
Top-of-list plans usually combine funded ratios at or above 90% with stable multi-year trajectories and low PBGC risk. Public-sector teacher and employee retirement systems dominate the top rankings in many states because their large asset bases support institutional investment management. Each plan below links to its full profile — multi-year funding history, participant demographics, sponsor financials where available, and the underlying factors driving the composite grade.
2
Total Plans
200,000
Participants
66.0%
Avg Funding
$30.7B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | New Mexico Public Employees Retirement Association (PERA) | 108,000 | 67.9% | B |
| 2 | New Mexico Educational Retirement Board (ERB) | 92,000 | 64.1% | C |
Frequently Asked Questions
New Mexico has 2 pension plans covering 200,000 participants, with combined assets of $30.7B against $46.5B in liabilities.
The average funding ratio across New Mexico pension plans is 66.0%. 2 of 2 plans (100%) are considered underfunded.
New Mexico Public Employees Retirement Association (PERA) is the top-rated plan in New Mexico with a funding ratio of 67.9% and a Pension Health Grade of B.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.