2017 New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 11 - Retirement of Public Officers and Employees Generally
Section 10-11-60 - Municipal police member coverage plan 1; member contribution rate.

Universal Citation: NM Stat § 10-11-60 (2017)

10-11-60. Municipal police member coverage plan 1; member contribution rate.

A member under municipal police member coverage plan 1 shall contribute seven percent of salary starting with the first full pay period in the calendar month in which municipal police 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 eight and one-half percent of salary.

History: Laws 1987, ch. 253, 60; 2013, ch. 225, 49.

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