N.M. Stat. § 10-11-18

Current through 2024, ch. 69
Section 10-11-18 - State general member coverage plan 1; final average salary

Under state general member coverage plan 1, final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive months of credited service. Under state general member coverage plan 1, if a member has less than thirty-six months of credited service, final average salary is the aggregate amount of salary paid a member for the member's period of credited service divided by the member's credited service.

NMS § 10-11-18

Laws 1987, ch. 253, § 18.