2011 New Mexico Statutes
Chapter 10: Public Officers and Employees
Article 12C: Magistrate Retirement, 10-12C-1 through 10-12C-18
Section 10-12C-11: Employer contributions.
10-12C-11. Employer contributions.
A. The state, through the administrative office of the courts, shall contribute the following amounts to the fund:
(1) through June 30, 2006, ten percent of salary for each member in office; and
(2) on and after July 1, 2006, eleven percent of salary for each member in office, except that for members whose annual salary is greater than twenty thousand dollars ($20,000):
(a) from July 1, 2009 through June 30, 2011, the state contribution rate shall be nine and one-half percent of salary for each member in office;
(b) from July 1, 2011 through June 30, 2012, the state contribution rate shall be seven and three-fourths percent of salary for each member in office; and
(c) from July 1, 2012 through June 30, 2013, the state contribution rate shall be nine and one-half percent of salary for each member in office.
B. Twenty-five dollars ($25.00) from each civil case docket fee paid in magistrate court and ten dollars ($10.00) from each civil jury fee paid in magistrate court shall be paid by the court clerk to the employer's accumulation fund.
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