In this paper, we quantize superconformal $\ensuremath{\sigma}$ models defined by worldline supermultiplets. Two types of superconformal mechanics, with and without a De Alfaro Fubini Furlan (DFF) term, are considered. Without a DFF term (Calogero potential only), the supersymmetry is unbroken. The models with a DFF term correspond to deformed (if the Calogero potential is present) or undeformed oscillators. For these (un)deformed oscillators, the classical invariant superconformal algebra acts as a spectrum-generating algebra of the quantum theory. Besides the $osp(1|2)$ examples, we explicitly quantize the superconformally invariant worldline $\ensuremath{\sigma}$ models defined by the $\mathcal{N}=4$ (1, 4, 3) supermultiplet [with $D(2,1;\ensuremath{\alpha})$ invariance, for $\ensuremath{\alpha}\ensuremath{\ne}0,\ensuremath{-}1$] and by the $\mathcal{N}=2$ (2, 2, 0) supermultiplet [with two-dimensional target and $sl(2|1)$ invariance]. The parameter $\ensuremath{\alpha}$ is the scaling dimension of the (1, 4, 3) supermultiplet and, in the DFF case, has a direct interpretation as a vacuum energy. In the DFF case, for the $sl(2|1)$ models, the scaling dimension $\ensuremath{\lambda}$ is quantized (either $\ensuremath{\lambda}=\frac{1}{2}+\mathbb{Z}$ or $\ensuremath{\lambda}=\mathbb{Z}$). The ordinary two-dimensional oscillator is recovered, after imposing a superselection restriction, from the $\ensuremath{\lambda}=\ensuremath{-}\frac{1}{2}$ model. In particular, a single bosonic vacuum is selected. The spectrum of the unrestricted two-dimensional theory is decomposed into an infinite set of lowest-weight representations of $sl(2|1)$. Extra fermionic raising operators, not belonging to the original $sl(2|1)$ superalgebra, allow (for $\ensuremath{\lambda}=\frac{1}{2}+\mathbb{Z}$) to construct the whole spectrum from the two degenerate (one bosonic and one fermionic) vacua.
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