State employees might get a 1 percent pay raise this year, depending on what Gov. Susana Martinez decides to do about the budget bill by the end of the week. However, even if that modest raise comes through, part of it will be eaten up by a 15 percent hike in health insurance premiums for state workers, scheduled to go into effect in July.
According to a recent employee benefits newsletter published by the state General Services Department, health plan premiums have not increased for five years, even though the cost of insurance has risen each year. “To maintain the state’s health fund, medical premiums are going up 15 percent beginning in July …” the newsletter said.