HOUSE MEMORIAL 40

55th legislature - STATE OF NEW MEXICO - second session, 2022

INTRODUCED BY

Patricia Roybal Caballero and Phelps Anderson

 

 

 

 

 

A MEMORIAL

REQUESTING THE GOVERNOR TO DECLARE AUGUST 1, 2022 "PUBLIC EMPLOYEES RETIREMENT ASSOCIATION DAY" IN NEW MEXICO AND CELEBRATING THE ASSOCIATION'S SEVENTY-FIFTH ANNIVERSARY.

 

     WHEREAS, by Laws of 1947, Chapter 167, the New Mexico legislature established the public employees retirement association for the purpose of providing a retirement fund for the public servants of the state, its counties, municipalities and political subdivisions; and

     WHEREAS, August 1, 2022 will be the seventy-fifth anniversary of the establishment of the public employees retirement association retirement fund; and

     WHEREAS, the seventy-fifth anniversary of the public employees retirement association, as well as the substantial contributions to the public good made by the dedicated public servants who are past and present members, including forty-seven thousand six hundred seventy-nine current active members and forty-two thousand seven hundred forty-three retirees of the public employees retirement association, are worthy and justly deserving of commemoration;

     NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF NEW MEXICO that the governor be requested to declare August 1, 2022 "Public Employees Retirement Association Day" in New Mexico; and

     BE IT FURTHER RESOLVED that congratulations on the seventy-fifth anniversary of the public employees retirement association be extended to the past and present public employees retirement association members and retirees and to the public employees retirement association for establishing a seventeen billion six hundred million dollar ($17,600,000,000) total fund value and for providing one billion three hundred million dollars ($1,300,000,000) in retirement benefits in fiscal year 2021; and

     BE IT FURTHER RESOLVED that copies of this memorial be transmitted to the executive director of the public employees retirement association and the members of the public employees retirement board.

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