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APS News
APS Lets Out for Summer May 22; Be Safe and Get Ready for 2013-14
Make sure you know the important dates for next year. Classes begin Aug. 13.
APS Announces Several Principal Changes
Valerie Atencio is named principal at Volcano Vista HS; five middle schools get new principals.
Student of the Week: Sonjia Ronquillo
Congratulations to Sonjia Ronquillo, a 6th grader at Duranes Elementary, for being named the Student of the Week by the New Mexico Educators Federal Credit Union and the APS Education Foundation.
 
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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