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New Principals Assigned to Two Middle Schools
John Adams and Kennedy will get new leadership in 2012-2013.
Hoover Science Teacher Selected for NASA Reduced Gravity Flight
Teacher plans to share NASA’s approach to STEM education with public on June 1.
Latino Educational Leaders Encouraged to Join ALAS de Nuevo México
The newly formed state chapter of the Association of Latino Administrators and Superintendents seeks to inspire, cultivate and promote Hispano/Latino educational leaders for the benefit of all students.
 
You are here: APS Home Human Resources Benefits Plan Details 457(b) Deferred Compensation Plan

457(b) Deferred Compensation Plan

The State of New Mexico 457(b) Deferred Compensation Plan (Plan) is a voluntary, pre-tax and tax-deferred retirement plan to supplement your ERA/PERA retirement benefits.  The Plan is an affordable and convenient way to invest for your retirement.  Contributions are payroll deducted and automatically invested within 48 hours in the investment options you select. You may enroll, change your deferral amount, and/or investment options at any time. The minimum contribution to the Plan is $260 per year or $10 per pay period. You may even rollover an eligible 403(b), 401(k), or IRA into your 457 Deferred Compensation account. .  A third party administrator  manages the program for APS.  To participate in the program, make changes to existing accounts, or keep your name and address current please contact the State of New Mexico Deferred Compensation Service Center at: 1-866-827-6639 or log onto their website at: www.newmexico457dc.com

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