Permanent Funds

The State Investment Council manages New Mexico’s permanent funds, which in aggregate will contribute a little more than $1 billion to state operations every year beginning in fiscal year 2020, serving as a significant resource to government and various beneficiaries, including public schools, state universities and other beneficiaries.

The Council’s investment goals seek to preserve and grow these permanent funds, so future generations can enjoy the same, if not greater benefits than are provided today. To that end, the SIC staff has created an “Intergenerational Equity Index” to illustrate the probability of the permanent funds providing equally for current and future generations of New Mexicans. Click here to see the document: Intergenerational Equity Index.