Welcome to the PERA Website
Mission
The mission of the Board of the Public Employees Retirement Association is to preserve, protect, and administer the trust to meet its current and future obligations and provide quality services to Association members.
| Important 1099R Information |
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PERA mailed our 1099R forms on Friday, January 29, 2010 to all PERA retirees, beneficiaries and those members who received refunds in 2009. If you do not receive your 1099R form by February 12, 2010, please contact PERA at 1-800-342-3422 to request a reprint. PERA cannot reprint 1099R forms prior to February 12, 2010. For the 1099R forms issued on January 29, 2010, PERA participated in a pilot program with IRS to test truncation of SSNs/TINs. This means only the last four digits of the SSN/TIN will show on your 1099R form. The truncation is only on Copy B, which the Payee will attach to his or her tax return and Copy C, which the Payee retains for their records. Copy A, which is filed with the IRS by PERA will show the full SSN/TIN. The reason for this change was to protect the identity of PERA retirees, beneficiaries and refund recipients who receive this information in the mail. For further information concerning this pilot program go to, http://www/irs.gov/pub/irs-drop/n-09-93.pdf. If you have questions for PERA, please call 1-800-342-3422. |
| Impact of Furloughs on PERA Service Credit / Retirement |
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A Statewide Furlough Plan for employees under gubernatorial control has been finalized for the following days:
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| PERA has moved to our new building located at 33 Plaza La Prensa |
PERA Relocation Notice Map to New PERA Building |
Letter from PERA Chair Cynthia D. Borrego
December 30, 2009
Dear PERA Members,
This has been an extraordinary year in the financial world as the market decline began last November. The question has been asked many times of the Board, did you see it coming. While no one could have predicted the fall of our US economy, the year was compared with the "Great Depression" of the 30's. This decline has caused our unemployment rates to skyrocket out of control. The PERA fund high was at $13.4 Billion, and as a result of the market downturn to $7.8 Billion; however the Fund is now back at $10.5 Billion. (continued...) (Posted 12/30/2009)
IRS Rule Regarding Normal Retirement Age for In-Service Distributions
PERA has received several inquiries regarding the new Normal Retirement Age regulation proposed by the Internal Revenue Service (IRS). The IRS recently postponed the effective date of the proposed regulation to allow further review. Consequently, the regulation will not be effective for governmental pension plans until January 1, 2011 (continued...). (Posted 10/22/2008)
Contact Us
Santa Fe Office:
P.O. Box 2123
33 Plaza La Prensa, Santa Fe, NM 87507 (physical address)
P.O. Box 2123, Santa Fe, NM 87504 (mailing address)
Voice: (505) 476-9300
Fax: (505) 476-9401
Toll Free in New Mexico: 1 (800) 342-3422
Albuquerque Office:
2500 Louisiana Blvd, Suite 420 (Across from Coronado Center)
Albuquerque, NM 87110
Voice: (505) 883-4503
Fax: (505) 883-4573
For questions concerning membership and retirement contact:
pera‑memberservices@state.nm.us
To make an appointment with the Albuquerque office contact: pera‑albuquerque@state.nm.us
To request an informational seminar in your area or for questions concerning member training contact: pera‑training@state.nm.us
To request training for employers regarding PERA procedures, forms and RIO reporting contact vince.jaramillo@state.nm.us.
For questions concerning the PERA Board contact: jane.clifford@state.nm.us
Members who need their account accessed by PERA should include their PERA ID number or the last 4 digits of their Social Security number in their email request.
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