N.M. Stat. § 10-11-97

Current through 2024, ch. 69
Section 10-11-97 - Municipal fire member coverage plan 2; 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 2:

A. prior to July 1, 2022, eighteen and fifteen-hundredths percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, eighteen and sixty-five hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, nineteen and fifteen-hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, nineteen and sixty-five hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, twenty and fifteen-hundredths percent of salary.

NMS § 10-11-97

Laws 1987, ch. 253, § 97; 1998, ch. 114, § 4; 2013, ch. 225, § 74.
Amended by 2020, c. 11,s. 48, eff. 7/1/2020.
Amended by 2019, c. 237,s. 13, eff. 7/1/2019.
Amended by 2013, c. 225,s. 74, eff. 7/1/2013.