STATE EMPLOYEE BENEFIT CONTRIBUTIONS

HB 575 amends New Mexico's state employee health benefit contribution rules, increasing the state's share of insurance costs for public employees based on salary. It raises the state's contribution to 80% for employees earning under $50,000 (up from 75% for under $15,000), 70% for $50,000-$60,000 (up from 65% for $20,000-$25,000), and 60% for $60,000+ (up from 55% for $25,000+), effective July 2025. School districts and charter schools would similarly increase contributions to 80% for under $50,000, 70% for $50,000-$60,000, and 60% for $60,000+ for their employees. The bill also specifies legislators must pay 100% of their own insurance costs and includes provisions for public safety workers on workers' compensation leave.