New Mexico lawmakers grapple with proposal to help retirees combat soaring inflation

By: Matt Mondschein

Outlets: Source New Mexico

Published: October 14, 2026

Words: 404

Last Updated: 2 days, 14 hours ago

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Amid rising inflation, the New Mexico organization that manages public employee retirement plans on Tuesday proposed a $250 million appropriation for ‘short term’ cost-of-living adjustment relief for retirees. Some state legislators, however, said they need more detail about the plan.

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The Public Employees Retirement Association manages 31 retirement plans for state, municipal and county employees, which includes police, firefighters, judges …

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