For Employers

Employer News

On April 5, 2021, Governor Lujan Grisham signed Senate Bill 90 (SB 90). SB 90 includes certain overtime pay for a regular scheduled tour of duty paid to eligible fire protection and law enforcement employees in the definition of “salary” under the PERA Act. Effective July 1, 2021, SB 90 also increases employee contribution rates for all eligible wages under Municipal General Fire Plans 1, 2, 3, 4 and 5 by 1.5%. Employers should now report all mandatory/scheduled overtime hours, in addition to their current reported FLSA hours, for all members under Municipal Fire Plans, Municipal Police Plans and Detention Officer Plans.

Please note that the 1.5% employee contribution rate increase required by SB 90 is in addition to the contribution increases contained in Senate Bill 72. In 2020, Senate Bill 72 (SB 72) increased employee and employer contributions by a total of 2% over a 4-year period. The contributions rate increases for State General Plan 3, State Plan 3 - Peace Officer and Juvenile Correction Officer Plan 2 was effective the first full pay period of July 2020 (FY21). The Contributions rates for all Municipal General Plans, Municipal Fire Plans, Municipal Police Plans and Municipal Detention Officer Plans will see increased contributions rates of .50% each fiscal year to begin the first full pay period of July 1, 2022 (FY22). Contributions for employees earning less than $25,000 will not increase.

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.