2011 New Mexico Statutes
Chapter 10: Public Officers and Employees
Article 11: Retirement of Public Officers and Employees Generally, 10-11-1 through 10-11-142
Section 10-11-45: Municipal general member coverage plan 1; age and service requirements for normal retirement.


NM Stat § 10-11-45 (1996 through 1st Sess 50th Legis) What's This?

10-11-45. Municipal general member coverage plan 1; age and service requirements for normal retirement.

Under municipal general member coverage plan 1:

A. for a member who was a retired member or a member on June 30, 2010, the age and service requirements for normal retirement are:

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

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

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

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

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

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

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

B. for a member who was not a retired member or a member on June 30, 2010, the age and service requirements for normal retirement are:

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

(2) any age if the sum of the member's age and years of service credit equals at least eighty; or

(3) any age and thirty or more years of service credit.

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