News

Good morning. It's the Ides of March which may have some significance on this next to last day of the 2013 legislative session.Though committees continue to meet, the major action at this late date has to be in the chambers. In the House, which goes on ...

Here are pertinent bills coming up on the floors of the House and Senate today, which promises to be another long one. Short version: most of the action will be in the House, where the budget awaits concurrence, STBs await approval, PERA pension in on ...

The much-anticipated hearing of ERB solvency in Senate Finance didn't happen yesterday. We'll keep you posted.The House at 10 a.m., while the Senate reconvenes at 11 a.m.HOUSE THIRD READING OF LEGISLATION1. HOUSE BILL 50. AN ACT RELATING TO HIGHER ...

The House has just passed the ERB solvency bill on a vote of 50 - 17. There were no attempts to amend the legislation on the floor. This is the bill that raises employee contributions and sets a minimum retirement age along with COLA eligibility changes ...

Solvency plans are back on the front burner. Last night, Senate Finance gave a do pass to the PERA solvency plan that now features an employer contribution increase of .4 percent rather than 1.5 percent. Significantly, the PERA plan only achieves 90 ...

Senate Finance did not take up any of the retirement bills this afternoon. The committee is scheduled to look at PERA solvency at 10 a.m. in the morning. The House has HB 64, ERB solvency, on its temporary calendar.Meanwhile, Sen. Michael Sanchez ...

The House reconvenes at 10 a.m. on Wednesday with the Senate going in at 10:30 a.m.January 30 committee hearingsHouse Appropriations Rm 307 1:30 p.m.Investment and Insurance Subcommittee will hear from the Education Retirement Board.January 31 committee ...

The House is working today, scheduling a 10 a.m. floor session. The Senate will reconvene again on Monday at 11 a.m. However, Senate Education will meet in joint session with House Education at 8 a.m. on Friday to learn about the ERB solvency proposal. ...

Hello and Happy Wednesday.During this week prior to the start of the 2012 session of the NM Legislature, some legislative committees are getting a jump-start on their work, taking the opportunity to brief members on the work conducted during the interim. ...

During the past year, several new laws were implemented that impact retirement benefits for employees covered by the Educational Retirement Act. Specific changes include: Employees who have selected the Alternative Retirement Plan now have the ...