N.M. Stat. § 10-11-63

Current through 2024, ch. 69

Section 10-11-63 - Municipal police member coverage plan 2; age and service requirements for normal retirement

Under municipal police coverage plan 2:

A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:

(1) age sixty-five years or older and five or more years of credited service;

(2) age sixty-four years and eight or more years of credited service;

(3) age sixty-three years and eleven or more years of credited service;

(4) age sixty-two years and fourteen or more years of credited service;

(5) age sixty-one years and seventeen or more years of credited service;

(6) age sixty years and twenty or more years of credited service; or

(7) any age and twenty-five or more years of credited service; and

B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:

(1) age sixty years or older and five or more years of service credit; or

(2) any age and twenty-five or more years of service credit.

NMS § 10-11-63

Laws 1987, ch. 253, § 63; 2013, ch. 225, § 51.

Amended by 2020, c. 11,s. 31, eff. 7/1/2020.

Amended by 2013, c. 225,s. 51, eff. 7/1/2013.