2018 New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 11 - Retirement of Public Officers and Employees Generally
Section 10-11-115 - Municipal fire member coverage plan 5; affiliated public employer contribution rate.
The affiliated public employer shall contribute twenty-one and sixty-five hundredths percent of the salary of each member it employs and covers under municipal fire member coverage plan 5, except that, from July 1, 2013 through June 30, 2014, the affiliated public employer contribution rate shall be twenty-one and twenty-five hundredths percent of the salary of each member.
History: Laws 1987, ch. 253, § 115; 1998, ch. 114, § 10; 2013, ch. 225, § 86.
The 2013 amendment, effective July 1, 2013, increased the employer contribution rate; after "contribute twenty-one and", deleted "twenty-five one-hundredths" and added "sixty-five hundredths"; and after "coverage plan 5", added the remainder of the sentence.
Severability. — Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
The 1998 amendment, effective May 20, 1998, substituted "twenty-one" for "twenty" near the beginning of the section, substituted "whom" for "which" near the middle of the section, and substituted "covers" for "who is covered" near the end of the section.
