N.M. Stat. § 10-11-109

Current through 2024, ch. 69

Section 10-11-109 - Municipal fire member coverage plan 4; 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 4:

A. prior to July 1, 2022, twenty-one and nine-tenths percent of salary;

B. beginning July 1, 2022 and continuing through June 30, 2023, twenty-two and four-tenths percent of salary;

C. beginning July 1, 2023 and continuing through June 30, 2024, twenty-one and nine-tenths percent of salary;

D. beginning July 1, 2024 and continuing through June 30, 2025, twenty-three and four-tenths percent of salary; and

E. beginning July 1, 2025 and thereafter, twenty-three and nine-tenths percent of salary.

NMS § 10-11-109

Laws 1987, ch. 253, § 109; 1998, ch. 114, § 8; 2013, ch. 225, § 82.

Amended by 2020, c. 11,s. 54, eff. 7/1/2020.

Amended by 2019, c. 237,s. 15, eff. 7/1/2019.

Amended by 2013, c. 225,s. 82, eff. 7/1/2013.