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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 additional life insurance
Retirement Plan
Required participation
Employee contribution is 3.5%
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
Tuition Reimbursement Program
Credit Union Membership
Holidays (11 paid Holidays per year)
Vacation and Sick Leave Benefits
Most 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.
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