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 10-11-31: State police member and adult correctional officer member coverage plan 1; member contribution rate.
10-11-31. State police member and adult correctional officer member coverage plan 1; member contribution rate.
A member under state police member and adult correctional officer member coverage plan 1 shall contribute seven and six-tenths percent of salary, 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 member contribution rate shall be nine and one-tenth percent of salary;
B. from July 1, 2011 through June 30, 2012, the member contribution rate shall be ten and eighty-five hundredths percent of salary; and
C. from July 1, 2012 through June 30, 2013, the member contribution rate shall be nine and one-tenth percent of salary.
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