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 #35 among all states. 2 plans are underfunded.
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.