2020 New Mexico Statutes
Chapter 22 - Public Schools
Article 11 - Educational Retirement
Section 22-11-23.3 - Retirement eligibility; initial membership on or after July 1, 2019.
A member who initially became a member on or after July 1, 2019 or a member who was a member before July 1, 2019 and had, before that date, been refunded all member contributions in accordance with Subsection A of Section 22-11-15 NMSA 1978 and had not restored all refunded contributions and interest before July 1, 2019, is eligible for retirement benefits when:
A. the member is any age and has thirty or more years of earned service credit;
B. the member is at least sixty-seven years of age and has five or more years of earned service credit; or
C. the sum of the member's age and years of earned service credit equals at least eighty.
History: 1978 Comp., § 22-11-23.3, enacted by Laws 2019, ch. 258, § 2.
ANNOTATIONSEffective dates. — Laws 2019, ch. 258, § 8 made Laws 2019, ch. 258, § 2 effective July 1, 2019.
