Governor Establishes PERA Solvency Task Force

Michelle Lujan Grisham header 2

Governor Establishes PERA Solvency Task Force

SANTA FE — Gov. Michelle Lujan Grisham today ordered the creation of a Public Employees Retirement Association Solvency Task Force.

The governor, in an executive order, established the makeup of the task force and directed members to immediately begin identifying reasonable and measured changes to contributions and benefits that will both prevent the need for more significant changes in the future and address the liabilities associated with the state’s pension plans.