Municipal police member coverage plan 1; amount of pension; form of payment A
NMSA 1978, § 10-11-58
in effect10-11-58. Municipal police member coverage plan 1; amount of pension; form of payment A
Under municipal police member coverage plan 1, the amount of pension under form of payment A is equal to two percent of the final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary.
Laws 1987, ch. 253, § 58; 2013, ch. 225, § 48; 2023, ch. 53, § 8.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18510/index.do#!b/10-11-58Fetched: 10/20/2026
