How do I check my NM PERA account?
A: You may obtain your account balance in two ways: 1) Log into your RIO Account and view your account information 24/7; or 2) Call 1-800-342-3422 and follow the instructions on the Interactive Voice Response (IVR) system or stay on the line and speak to a PERA Customer Service Representative.
What is PERA in New Mexico?
Public Employees Retirement Association of New Mexico (PERA)
How is NM PERA retirement calculated?
What is My Pension Based On? the member's PERA career for a TIER 1 member, and the monthly average of the highest 60 consecutive months of salary earned during a member's PERA career for a TIER 2 member. career. Generally, PERA members can earn up to 90 percent of their final average salary in most coverage plans.
How long does it take to be vested in NM PERA?
All TIER 1 members are vested after earning five years of PERA service credit. TIER 2 General Members - Non-Public Safety Employees (State General Members and Municipal General Members) are vested after earning eight years of PERA service credit.
Why is New Mexico so poor?
Poverty in New Mexico is mainly caused by the lack of well paying opportunities and unfavourable landscape for agriculture particularly in the rural areas.
Why is my unemployment on hold nm?
Unemployment claims are put on hold due to missing documentation, claimant ineligibility or a shortage of state workers to handle the claims.