New Mexico State Treasurer Tim Eichenberg, right, and Secretary of State Maggie Toulouse Oliver talk while serving as pension board members at the Public Employees Retirement Association on Tuesday, May 7, 2019, in Santa Fe, N.M. The board placed on hold pay increases for top staff members amid recriminations over prior raises and whether they were approved properly at the $15 billion pension fund for state and local government workers. Eichenberg says past raises were approved illegally, while the pension's executive director says he followed established procedures. (AP Photo/Morgan Lee)
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