Statutes, codes, and regulations
New Mexico Statutes 1978
Chapter 10 - PUBLIC OFFICERS AND EMPLOYEES
Article 11 - RETIREMENT OF PUBLIC OFFICERS AND EMPLOYEES GENERALLY
Section 10-11-17 - State general member coverage plan 1; amount of normal requirements for normal retirement; form of payment A

N.M. Stat. § 10-11-17

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Current through 2024, ch. 69
Section 10-11-17 - State general member coverage plan 1; amount of normal requirements for normal retirement; form of payment A

Under state general member coverage plan 1, the amount of a normal retirement pension under form of payment A is equal to two percent of final average salary multiplied by credited service. The amount shall not exceed sixty percent of final average salary.

NMS § 10-11-17

Laws 1987, ch. 253, § 17.