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Employees Soon To Receive Annual Statements from New Mexico Educational Retirement Board

May 7, 2014 -- All CNM employees should be on the lookout for New Mexico Educational Retirement Board (NMERB) annual statement forms. Human Resources will be sending them out soon.

The information provided in the annual statement will pertain to employees’ earned service credit and contributions that have accumulated over the year(s) of participation with NMERB, up to Dec. 31, 2013.  All calculations are based on the annual salary. Keep in mind that the annual salary displayed is based on a fiscal year and not a calendar year, which is why the annual statement forms may not correspond with W-2 information. 

 The back of the annual statement contains more information regarding how service credits and retirement benefits are calculated. In addition, there is brief information on the disability benefit, refunds and rollovers.

 For more information or questions regarding the annual statement forms, contact Human Resources at 224-4600 or visit the New Mexico Education Retirement Board’s website at www.nmerb.org/