For Employers

Employer News

On February 6, 2019, House Bill 501 was introduced to increase public employer and local administrative unit contributions to the funds covered by the public employees retirement act and the educational retirement fund. House Bill 501 was signed by Governor Michelle Lujan Grisham on April 4, 2019. Effective July 1, 2019, PERA statutory employer contribution rates will increase by .25 percent. This increase should be implemented the first full pay period after July 1st and affects the following plans:

  • State Plan 3
  • Municipal Plans 1 – 4
  • Municipal Police Plans 1 – 5
  • Municipal Fire Plans 1 – 5
  • Municipal Detention Officer Plan 1
  • State Peace Officer Plan 3
  • Juvenile Correctional Officer Plan 2

The State Police and Adult Correctional Officer Plan 1 contribution rate remains unchanged. Should you have any questions please contact your PERA contribution accounting representative.

Note For Employer HR Managers

In order for PERA to be as up-to-date as possible on employee membership and beneficiaries, it is imperative that Human Resources offices send Application For PERA Membership and Beneficiary Designation forms as soon as possible after a new employee completes the forms.

PERA Forms Updated

PERA forms are regularly updated and always available on the PERA website. Please visit the Forms page to ensure you are always using the most current version of PERA forms.