2017 New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 11 - Retirement of Public Officers and Employees Generally
Section 10-11-55.8 - Municipal general member coverage plan 4; age and service requirements for normal retirement.
10-11-55.8. Municipal general member coverage plan 4; age and service requirements for normal retirement.
Under municipal general member coverage plan 4:
A. for a member who was a retired member or a member on June 30, 2013, 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, 2013, the age and service requirements for normal retirement are:
(1) age sixty-five years or older and eight or more years of service credit; or
(2) any age if the member has eight or more years of service credit and the sum of the member's age and years of service credit equals at least eighty-five.
History: Laws 1998, ch. 106, 2; 2009, ch. 288, 10; 2013, ch. 225, 43.
