Benefits

New Mexico Student Loans offers a wide range of benefits to its employees.

Medical Insurance Coverage
Partial employee contribution

Dental Insurance Coverage
Partial employee contribution

Vision Insurance Coverage
Partial employee contribution

Term Life Insurance
Employer paid benefit equal to two times the employee's annualized salary
Option of purchasing supplemental life insurance

Retirement Plan
Required participation 401(a)
Employee contribution is 3.5% per pay period
Employer contribution is 7% (5 year vesting schedule)

Additional Retirement Options
403(b) retirement accounts available to employees through payroll deduction

Reimbursement Accounts
Use of pre-tax income to pay health and/or day care costs

Long Term Disability Insurance
Employer paid benefit
Option to purchase upgrade

Tuition Reimbursement Program

Credit Union Membership

Holidays (13 paid Holidays per year)


Vacation and Sick Leave Benefits

Benefits are effective on the first of the month following 30 days of employment.
Benefit eligibility/coverage is dependent on working status (full/part time).
Benefits are subject to change, as business necessity requires.