Four of New Mexico’s public employee unions are suing the state to stop the enactment of a new law that decreases the state’s payment into public employee pension funds by 1.5 percent for two years.
According to a press release, the American Federation of State, County, Municipal Employees (AFSCME); the American Federation of Teachers — New Mexico; the National Education Association — New Mexico; and the local affiliate of the Communications Workers of America are all seeking a preliminary injunction to stop the enactment of the law, set to go into effect on July 1.
If enacted, the statement says, the law will force more than 66,000 public employees to shore up the state’s budget deficit by paying 1.5 percent more out of their paychecks into PERA and ERB, the state’s public employee pension funds.
The unions say this amounts to a ‘wage tax.’