N.M. Stat. § 10-11-91

Current through 2024, ch. 69

Section 10-11-91 - Municipal fire member coverage plan 1; affiliated public employer contribution rate

The affiliated public employer shall contribute the following percentages of the salary of each member it employs and covers under municipal fire member coverage plan 1:

A. prior to July 1, 2022, eleven and sixty-five hundredths percent of salary;

B. beginning July 1, 2022 and continuing through June 30, 2023, twelve and fifteen-hundredths percent of salary;

C. beginning July 1, 2023 and continuing through June 30, 2024, twelve and sixty-five hundredths percent of salary;

D. beginning July 1, 2024 and continuing through June 30, 2025, thirteen and fifteen-hundredths percent of salary; and

E. beginning July 1, 2025 and thereafter, thirteen and sixty-five hundredths percent of salary.

NMS § 10-11-91

Laws 1987, ch. 253, § 91; 1998, ch. 114, § 2; 2013, ch. 225, § 70.

Amended by 2020, c. 11,s. 45, eff. 7/1/2020.

Amended by 2019, c. 237,s. 12, eff. 7/1/2019.

Amended by 2013, c. 225,s. 70, eff. 7/1/2013.