Proposed changes to state retirement funds may prompt hundreds of Albuquerque police officers to retire and spark an officer shortage in New Mexico’s largest city.
KOAT-TV reports that Albuquerque Police Chief Ray Schultz says that the city could lose around 200 officers to retirement in a few months. Schultz says those retirements would reduce the department’s workforce to around 800.
The possible officer shortage comes as state officials say the state’s Public Employees Retirement Association, or PERA, faces a $6.2 billion unfunded liability. Officials say the unfunded hole in its retirement fund has to be filled or benefits could be cut.
Albuquerque police also in recent months has increased the requirements for incoming cadets after the department saw an increase in officer-involved shootings since 2010.