2016 New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 11 - Retirement of Public Officers and Employees Generally
Section 10-11-115.5 - Municipal detention officer member coverage plan 1; member contribution rate.

NM Stat § 10-11-115.5 (2016) What's This?

10-11-115.5. Municipal detention officer member coverage plan 1; member contribution rate.

A member under municipal detention officer member coverage plan 1 shall contribute sixteen and sixty-five hundredths percent of salary with the first full pay period in the calendar month in which municipal detention officer member coverage plan 1 becomes applicable to the member, except that a member whose annual salary is greater than twenty thousand dollars ($20,000) shall contribute eighteen and fifteen-hundredths percent of salary.

History: Laws 2003, ch. 268, 6; 2013, ch. 225, 89.

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