N.M. Admin. Code § 2.80.1000.70

Current through Register Vol. 36, No. 1, January 14, 2025

Section 2.80.1000.70 - EARNINGS FROM EMPLOYMENT

A. Except for trial employment, a disability retired member who desires to return to employment by an employer covered by any state system shall comply with the applicable rule regarding post-retirement employment, Subsection G of 2.80.700.10 NMAC for PERA retirees, 2.84.1100.20 NMAC for magistrate retirees or 2.83.1100.20 NMAC for judicial retirees.

B. If the amount earned from any employment, except for trial employment, is $15,000 or more, disability benefits shall be suspended immediately and any amounts paid after that limit is reached must be reimbursed by the retiree to PERA.

C. PERA shall require all disability retired members to provide a statement of earnings from any employment during the preceding calendar year. Such statement of earnings shall include the internal revenue service tax return or other proof of earnings, acceptable to PERA, if an IRS tax return does not exist.

N.M. Admin. Code § 2.80.1000.70

10-15-99; 1-15-99; 2.80.1000.70 NMAC - Rn & A, 2 NMAC 80.1000.70, 12-28-00; A, 12-15-09, Adopted by New Mexico Register, Volume XXXIV, Issue 19, October 10, 2023, eff. 10/10/2023