Some New Mexico legislators agree that there shouldn't be policy changes made to the state's big retirement system for public employees for at least five years.
The Albuquerque Journal reports that a legislative oversight committee on Monday indicated support for a "timeout" proposed by the board that oversees the Public Employee Retirement Association,
It'd be up to the full Legislature to decide whether there actually would be a pause on changes to the retirement system's retirement and benefit guidelines.
Pension system executive director Wayne Propst said the board believes more time is needed for changes made in 2013 to get the system on solid financial footing.
Some New Mexico city officials have raised concerns about whether the 2013 changes are causing a flood of retirements, particularly among police officers.
Information from: Albuquerque Journal.
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