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Payroll & Benefits

An image of Priscilla E Murillo

Priscilla E Murillo

Deputy Director For Payroll and Accounts Payable

Please Meet Your Payroll & Benefits Staff

An image of Valerie Gonzalez

Valerie Gonzalez

Manager for Payroll and Benefits
An image of Alicia Rojas

Alicia Rojas

Payroll & Benefits Specialist A-G
An image of Susana Simental

Susana Simental

Payroll & Benefits Specialist H-O
An image of Rhiannon Flores

Rhiannon Flores

Payroll & Benefits Specialist P-Z

Payroll and Benefits Information

Days on Duty 2024-2025

Days on Duty 2025-2026

 

 

 

GENERAL LEAVE

 
Days on Contract 2 Days given upfront Earned per School Year/Every 20 days worked Total per School Year
183 2.00 9.15 11.15
186 2.00 9.30 11.30
190 2.00 9.50 11.50
192 2.00 9.60 11.60
198 2.00 9.90 11.90
200 2.00 10.00 12.00
210 2.00 10.50 12.50
220 2.00 11.00 13.00
235/260 2.00 13.00 15.00

 

ANNUAL LEAVE

 

 

<10 years w/district  

>10 years w/district

Administrators
Earned Per Pay Period 0.417 0.625 0.84

 

Earned per School Year

 

10

 

15

 

20

 

Max payout Retirement/Resignation

 

20

 

30

 

40

 

Cannot carry over more than (after June 30)   Use balance before Dec 31

 

20

 

30

 

40

         

NMPSIA Wellness & Well-Being Programs

Wellness & Well-Being Programs $0 Video Visits/Telehealth Behavioral Health Dental Health Diabetes Prevention & Management Eye Health Gym Membership Health Kits/Wellness Newsletters Hypertension Mindfulness Stress & Resiliency Programs Weight Management Become a Wellness Ambassador Ergonomic Health Kaylei Jones, Benefits/ Wellness Program Coordinator Phone: (505)988-2736 | Toll Free: (800)983-8670 Fax: 505-983-8670 | kaylei.jones@psia.nm.gov

NMPSIA Associated Carriers and Consultants

NMPSIA Associated Carriers and Consultants: Benefits: New Mexico Public Schools Insurance Authority: NMPSIA Eligibility Administrative Office

New Mexico Educational Retirement Board (NMERB)

New Mexico Educational Retirement Board 
        
Contact Information        
https://www.erb.nm.gov/        
         
         
Hours 
   Locations   Did you know …
Monday to Friday         
8:00 am - 5:00 pm   Santa Fe   If you are eligible to retire within the next 
    701 Camino de los Marquez   12 months, you can request an audited benefit 
Mailing Address   Santa Fe, NM 87505   estimate for your desired retirement date? 
PO Box 26129        
Santa Fe, NM 87502   Albuquerque     
    8500 Menaul Blvd. NE, Suite B-450   Submit a Benefit Estimate Request to NMERB.
Santa Fe & Albuquerque Call Center   Albuquerque, NM 87112    
505-585-3510       NMERB Benefit Estimate Request Form
    Email or call ahead for an appointment.    
Toll-Free        
1-800-663-1919        
         
Santa Fe & Albuquerque Fax        
1-866-463-9221        

Start your Retirement Process 90 days before Retirement Date

  • NM ERB New Hire Guide

    How does the NMERB Defined Benefit plan work?

    • NMERB administers a Defined Benefit (DB) qualified plan under IRS code section 401(a)
    • This is a LIFETIME benefit plan for you and a designated beneficiary (depending on your benefit option choice).

  • Retirement Eligibility

    When am I eligible to retire?

    Your hire date or plan entry date is what determines your retirement eligibility and how your pension benefit is calculated. NMERB has four tiers for retirement eligibility based on your hire date.

    The NMERB Defined Benefit Plan for Tiers 1, 2, and 3 consists of annual lifetime allowance equal to:

    Final Average Salary (FAS) (x) years (X) 2.35% (=) Annual benefit

    The NMERB Defined Benefit Plan for Tier 4 consists of annual lifetime allowance equal to:

    Final Average Salary (FAS) (x) graduated multiplier (=) Annual benefit

    A pension is calculated using a graduated multiplier. The pension factor changes every ten years up to year 30 and then remains at 2.4% thereafter.

    Four tiered multipliers – calculation is dependent on years of service.

    Years of Service multiplier table

     

    https://www.erb.nm.gov/retirement-eligibility/

     

    Tier 1 (hired prior to July 1, 2010)

    • 25 and out 25 years at any age - Earned + Allowed Service

    • Rule of 75* Age + Earned Service = 75 or more

    • 65 and 5 Age 65 or older and 5 years or more Earned Service

    Tier 2 (hired July 1, 2010 - June 30, 2013)

    • 30 and out 30 years of Earned Service at any age

    • Rule of 80* Age + Earned Service = 80 or more

    • 67 and 5 Age 67 or older and 5 years or more Earned Service

    Tier 3 (hired July 1, 2013 - June 30, 2019)

    • 30 and out 30 years of Earned Service

    • Rule of 80* Age + Earned Service = 80 or more

    • 67 and 5 Age 67 or older and 5 years or more Earned Service

    Tier 4 (hired on or after July 1, 2019)

    • 30 and out 30 years of Earned Service

    • Rule of 80* Age + Earned Service = 80 or more

    • 67 and 5 Age 67 or older and 5 years or more Earned Service

  •  
    		        
             

    Option A – Straight Life Benefit

    • Highest monthly benefit amount

    • Refund beneficiary – No lifetime benefit for beneficiary

    • Only option that the beneficiary can be an estate, charity, or organization

    Option B – 100% Survivor Benefit

    • Reduced benefit - least monthly benefit amount

    • Lifetime benefit for one beneficiary - 100% matching option

    (after your death)

    • Age provisions for non-spouse

    Option C – 50% Survivor Benefit

    • Reduced benefit - less than A, more than B

    • Lifetime benefit for one beneficiary - 50% matching option

    (after your death)

ERB On The Road - Come along for the ride.

ERB On The Road - Come along for the ride. Webinar topics are divided into three areas: early career, mid-career, or ready to retire. Be sure to pick the webinar that will provide you with the most value as topics are designed to answer specific questions for each stage of your career path. We will cover items such as the Defined Benefit Plan, Service Credit, Tiers, Member Self Service Portal, and more! Once you have registered for a webinar, you will receive a confirmation email. You will also be given the opportunity to submit questions to our subject matter experts so they can be addressed within the webinar. If you are unable to attend a webinar, you can view a video of each webinar topic on the Webinars and Presentations page of the ERB website. We look forward to “seeing” you!

New Mexico Public Schools Insurance Authority (NMRHCA)

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