State Treasurer’s Office Employees are Teleworking

State Treasurer Tim Eichenberg announced that he has instituted a work-from-home policy for most STO staff as a result of the ongoing spread of COVID-19. Critical functions, including banking and investment of state funds, will NOT be impacted. If you need assistance, please call 505-955-1120. We are available to serve New Mexicans. And for more… Continue Reading State Treasurer’s Office Employees are Teleworking

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Governor Signs Work and Save Act

On Wednesday, February 26, 2020, Governor Michelle Lujan Grisham signed into law House Bill 44, the Work and Save Act. The act creates a voluntary retirement savings program for private-sector and nonprofit employees and the self-employed. Alongside that it creates a web-based retirement savings plan marketplace for employers who want to go above and beyond… Continue Reading Governor Signs Work and Save Act

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Plenty of Opportunities to Interact with STO’s LGIP Staff

The New Mexico State Treasurer’s Office (STO) has decided to forego its annual Local Government Investment Pool (LGIP) Annual Stakeholder Meeting for 2019 and go directly to the stakeholders.  Please take advantage of two currently planned alternative opportunities to meet with STO’s investment professionals. STO’s Chief Investment Officer, Vikki Hanges, and LGIP Portfolio Manager, Anna… Continue Reading Plenty of Opportunities to Interact with STO’s LGIP Staff

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LGIP Assets Double in Five Years

Pool Benefits New Mexico Municipalities, Counties, Colleges, Tribes, and Pueblos The New Mexico State Treasurer’s Office (STO) announced that assets in the Local Government Investment Pool (LGIP) have almost doubled in the past five years to a recent high of $930 million. The LGIP is a very short-term U.S. government fund that endeavors to maintain… Continue Reading LGIP Assets Double in Five Years

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