Statutes, codes, and regulations
New Mexico Statutes 1978
Chapter 10 - PUBLIC OFFICERS AND EMPLOYEES
Article 11 - RETIREMENT OF PUBLIC OFFICERS AND EMPLOYEES GENERALLY
Section 10-11-35 - Juvenile correctional officer member coverage plan 1; amount of pension; form of payment A

N.M. Stat. § 10-11-35

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Current through 2024, ch. 69
Section 10-11-35 - Juvenile correctional officer member coverage plan 1; amount of pension; form of payment A

Under juvenile correctional officer member coverage plan 1, the amount of pension under form of payment A is equal to two and one-half percent of final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary.

NMS § 10-11-35

Laws 1987, ch. 253, § 35; 2013, ch. 225, § 22.
Amended by 2013, c. 225,s. 22, eff. 7/1/2013.