I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
State employees and educational workers would contribute an additional 1 percent into the state’s retirement funds according to a bill the Senate Finance committee approved Saturday morning.
The bill, which would save $27.4 million, is part of a proposed state budget for next year the Senate could vote on as early as this afternoon.
The legislation actually reduces what state employees and educational workers were going to be asked to pay toward their retirement. The proposed state budget had assumed that state employees and educational workers would pay 1.6 percent more toward their retirement.
But rather than ask employees to pay more toward retirement there is a move afoot to reduce agency spending. Agency spending would decrease by 1.43 percent vs. 1 percent.
Together the two measures – increased employee contributions and reduced agency shavings – would save $82 million next year, state lawmakers said.
The additional 1 percent state employees and educational workers would pay toward retirement would be on top of the 1.5 percent more the state’s 66,000 public employees began paying last July 1.
