N.M. Admin. Code § 2.80.700.30
Current through Register Vol. 35, No. 24, December 23, 2024
Notwithstanding any provision of the PERA Act and regulations, the annual compensation of each member that is taken into account under the plan, including for benefit calculation purposes, for any year does not exceed the limit specified in Internal Revenue Code Section 401(a)(17).
N.M. Admin. Code § 2.80.700.30