Welcome to the City of Albuquerque

Retirement

Retirement & Early Retirement Benefit Information for City of Albuquerque Employees

There are nosecrets to a successful retirement, it is the result of your preparation today.

Retirement

The City is a member of Public Employees Retirement Association of New Mexico (PERA). Employee participation is mandatory for those who qualify.

The City contributes the requisite employer contribution in addition to 75 percent of the employee's contribution. The factor of salary varies according to which PERA plan the member is enrolled. Vesting occurs with five years of credited service.

Early Retirement

Employees may be eligible to retire early by using their sick leave and vacation just prior to their PERA retirement date. Contact the Insurance and Benefits Office for additional information.

Retirement Seminar Information

Every other month the Insurance & Benefits Division of Human Resources holds a half-day Retirement Seminar for employees considering retirement within the next three years. Presenters include representatives from:

Contact Information

Insurance & Benefits Division

Office (505) 768-3758

Fax (505) 768-3760

[email protected]

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