New Mexico § 10-11-115 Municipal fire member coverage plan 5; affiliated public

New Mexico Statutes

§ 10-11-115 — Municipal fire member coverage plan 5; affiliated public

New Mexico § 10-11-115

Ch. 10Public Officers and Employees

Art. 11Retirement of Public Officers and Employees

This text of New Mexico § 10-11-115 (Municipal fire member coverage plan 5; affiliated public) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 10-11-115 (2026).

Text

employer contribution rate. The affiliated public employer shall contribute the following percentages of the salary of each member it employs and covers under municipal fire member coverage plan 5: A. prior to July 1, 2022, twenty-one and nine-tenths percent of salary; B. beginning July 1, 2022 and continuing through June 30, 2023, twenty-two and four-tenths percent of salary; C. beginning July 1, 2023 and continuing through June 30, 2024, twenty-two and nine-tenths percent of salary; D. beginning July 1, 2024 and continuing through June 30, 2025, twenty-three and four-tenths percent of salary; and E. beginning July 1, 2025 and thereafter, twenty-three and nine-tenths percent of salary.

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employer contribution rate. The affiliated public employer shall contribute the following percentages of the salary of each member it employs and covers under municipal fire member coverage plan 5: A. prior to July 1, 2022, twenty-one and nine-tenths percent of salary; B. beginning July 1, 2022 and continuing through June 30, 2023, twenty-two and four-tenths percent of salary; C. beginning July 1, 2023 and continuing through June 30, 2024, twenty-two and nine-tenths percent of salary; D. beginning July 1, 2024 and continuing through June 30, 2025, twenty-three and four-tenths percent of salary; and E. beginning July 1, 2025 and thereafter, twenty-three and nine-tenths percent of salary.