hum, just to add some more details:
P = U*I everyone knows that

but your relay does not disipate 125*05=62,5Watts...
or if you prefer an other absurdity what about R = U/I?
that would give you a 62,5Ohms... whenever it's for the closed or openned state it sounds quite bad either...
it's obviously something else...
0,5amps means that when the contact is closed you can draw up to 0,5amps on your relay, while 125V means that when the contact is opened you can have up to 125V on the relay.
simple as that...
so, when commuting a 1Volt source you won't be able to draw more than 0,5amps without damaging your relay.