New Mexico § 10-11-115.5 Municipal detention officer member coverage plan 1;

New Mexico Statutes

§ 10-11-115.5 — Municipal detention officer member coverage plan 1;

New Mexico § 10-11-115.5

Ch. 10Public Officers and Employees

Art. 11Retirement of Public Officers and Employees

This text of New Mexico § 10-11-115.5 (Municipal detention officer member coverage plan 1;) 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. § 10-11-115.5 (2026).

Text

member contribution rate. A member under municipal detention officer member coverage plan 1 shall contribute sixteen and sixty-five hundredths percent of salary with the first full pay period in the calendar month in which municipal detention officer member coverage plan 1 becomes applicable to the member, except that a member whose annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute: A. prior to July 1, 2022, eighteen and fifteen-hundredths percent of salary; B. beginning July 1, 2022 and continuing through June 30, 2023, eighteen and sixty-five hundredths percent of salary; C. beginning July 1, 2023 and continuing through June 30, 2024, nineteen and fifteen-hundredths percent of salary; D. beginning July 1, 2024 and continuing through June 30, 2025, nine

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member contribution rate. A member under municipal detention officer member coverage plan 1 shall contribute sixteen and sixty-five hundredths percent of salary with the first full pay period in the calendar month in which municipal detention officer member coverage plan 1 becomes applicable to the member, except that a member whose annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute: A. prior to July 1, 2022, eighteen and fifteen-hundredths percent of salary; B. beginning July 1, 2022 and continuing through June 30, 2023, eighteen and sixty-five hundredths percent of salary; C. beginning July 1, 2023 and continuing through June 30, 2024, nineteen and fifteen-hundredths percent of salary; D. beginning July 1, 2024 and continuing through June 30, 2025, nineteen and sixty-five hundredths percent of salary; and E. beginning July 1, 2025 and thereafter, twenty and fifteen-hundredths percent of salary.