Economy
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Paul Gessing’s KRQE Interview on the Toby Martinez Municipal Courthouse Restitution/Pension Situation
I was asked by KRQE Channel 13 to discuss efforts by the federal government to take funds from Toby Martinez’ (who stole from taxpayers in the Municipal Courthouse scandal alongside Manny Aragon) pension in order to fulfill Martinez’ restitution requirements. Unfortunately, according to my reading of New Mexico law, the Feds can’t tap Martinez’ pension under New Mexico law despite his criminal conviction. Astonishingly, according to the report, Martinez’ pension is worth upwards of $473,000 which is illustrative of the incredible generosity of New Mexico’s underfunded pension systems. Watch the full interview below: