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State public safety member coverage plan 1; amount of pension; form of payment A

NMSA 1978, § 10-11-29
in effect
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10-11-29. State public safety member coverage plan 1; amount of pension; form of payment A Under state public safety member coverage plan 1, the amount of pension under form of payment A is equal to three percent of final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary. Laws 1987, ch. 253, § 29; 2003, ch. 268, § 12; 2013, ch. 225, § 17; 2020, ch. 11, § 10; 2023, ch. 53, § 2; 2024, ch. 52, § 5.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18510/index.do#!b/10-11-29Fetched: 10/20/2026

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