ALERT:

UPDATE: East Mountain Schools Cancelled - Thursday, Dec. 13, 2018 Read More

You are here: Home Employees Employee News Educational Retirement Board Clarifies Annual Statements
Posted March 21, 2012

Educational Retirement Board Clarifies Annual Statements

Switch was made from calendar year to fiscal year.

APS employees recently received statements from the NM Educational Retirement Board (ERB) regarding their years of service, contributions and wages.

Because the ERB changed from calendar year to fiscal year for calculating the number of years of service credits employees receive, the 2012 year showed a .50 because it only took into consideration the fiscal year beginning July 1, 2011, through Dec. 30, 2011. If employees continue to work through June 30, 2012, the 2012 calculation of service credit will equal 1.0.

The statements sent last year reflected wages, contributions and service credit based on the calendar year, January through December.

“This year, we went back to fiscal years, because when someone retires we calculate your service credit and retirement based on fiscal years,” the ERB said in a written statement.

If APS staff members believe there is an error on their wages, they should call the APS Payroll Office at 872-6880.

Filed under: employees
News
UPDATE: East Mountain Schools Cancelled - Thursday, Dec. 13, 2018
APS Education Foundation Announces 2019 Selfless Seniors
Each year, the APS Education Foundation in partnership with Frank Frost Photography recognizes high school seniors who have selflessly given back to their schools and communities.
Special Olympics Unified Champion School Award
La Cueva High School was presented with the 2018 Special Olympics Unified Champion Award.
Rebuilt, Renovated and Repaired
APS has spent millions of voter-approved dollars renovating, rebuilding and repairing aging schools. Here is a list of more than 150 projects since 2010.
Student of the Week JC Sandoval
5th grader School at Comanche Elementary School