N.M. Stat. § 10-11-27

Current through 2024, ch. 69
Section 10-11-27 - State public safety member coverage plan 1; applicability; credited service
A. State public safety member coverage plan 1 is applicable to:
(1) state police members who are not specifically covered by another coverage plan;
(2) adult correctional officer members;
(3) adult probation and parole officer members;
(4) juvenile probation and parole officer members; and
(5) state fire members.
B. The credited service of a state police member who was a retired member or a member on or before June 30, 2013 or of an adult correctional officer member shall have actual credited service increased by twenty percent for the purposes of state public safety member coverage plan 1.
C. The credited service, accrued after July 1, 2021, of an adult probation and parole officer or a juvenile probation and parole officer shall be increased by twenty percent for the purposes of state public safety member coverage plan 1.
D. The credited service, accrued after July 1, 2024, of a state fire member shall be increased by twenty percent for the purposes of state public safety member coverage plan 1.
E. The increase of twenty percent to accrued credited service provided by this section shall only apply to a state public safety member who was a retired member or a member on or before June 30, 2013.
F. Except as provided in Subsections B through E of this section, the credited service of a member covered under state public safety member coverage plan 1 shall be credited as provided in Section 10-11-4 NMSA 1978.
G. State public safety member coverage plan 1 is applicable to adult probation and parole officer members and juvenile probation and parole officer members in the first full pay period after July 1, 2021 if the retirement board certifies to the secretary of state that, of those adult probation and parole officer members and juvenile probation and parole officer members to be covered under state public safety member coverage plan 1, a majority of the respective members voting have voted to approve adoption of that plan at an election conducted pursuant to Laws 2020, Chapter 11, Sections 63 through 66.
H. State public safety member coverage plan 1 is applicable in the first full pay period after July 1, 2024 for:
(1) state fire members who begin employment as a state fire member on or after July 1, 2024; and
(2) state fire members who were employed in a position and were subject to the definition of a "state fire member" prior to July 1, 2024, if the retirement board certifies to the secretary of state that, of those state fire members to be covered under state public safety member coverage plan 1, a majority of the respective members voting have voted to approve the adoption of that plan at an election conducted pursuant to Section 8 [Laws 2024, ch. 52, § 8] of this 2024 act.

NMS § 10-11-27

Laws 1987, ch. 253, § 27; 2003, ch. 268, § 9; 2003, ch. 269, § 1; 2013, ch. 225, § 14.
Amended by 2024, c. 52,s. 2, eff. 5/15/2024.
Amended by 2023, c. 35,s. 1, eff. 6/13/2023.
Amended by 2020, c. 11,s. 7, eff. 7/1/2020.
Amended by 2013, c. 225,s. 14, eff. 7/1/2013.