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Benefits

Our excellent benefits package that covers a broad range of employee needs.

APS offers the following supplementary insurances at group rates:

  • Health
  • Dental
  • Vision
  • Basic and additional Life Insurance
  • Long-term Disability
  • Long-term Care

Other Benefits

Deferred Compensation Plan 457(b)

Employees can set aside money from their paychecks for retirement on a pretax basis through a salary deferral agreement.

Flexible Spending Accounts

This program is designed to provide, at no cost to the employee, pre-tax benefits under Section 135 of the Internal Revenue Code

Pre-tax Insurance Premium Plan (PIPP)

Employees who enroll for coverage may elect to pay their health, dental and vision premiums on a pre-tax basis through PIPP.

Retirement

New Mexico ranks among one of the highest states for Educational Retirement Benefits (ERB). Your retirement contributions are matched by APS to provide the funds for the ERB pension plan.

Tax Sheltered Annuities

Employees of APS are eligible to establish a payroll deduction for the purchase of annuities or other investments authorized in Section 403 (b) of the Internal Revenue Code.

United States Savings Bonds

Employees have the opportunity to save by investing in bonds through payroll deductions.

Employee Assistance Program (EAP)

This is an employee benefit that provides a confidential setting in which employees can discuss problems as well as receive help in finding community resources to meet their needs.

Leave

Both paid and unpaid time off may be granted to eligible employees. Some examples of common leave include:

  • Annual (vacation)
  • Extended (FMLA)
  • Military
  • Sick
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