New Mexico Statutes

§ 10-11-24 — State general member coverage plan 2; final average

New Mexico·Ch. 10 Public Officers and Employees·Art. 11 Retirement of Public Officers and Employees
salary. Under state general member coverage plan 2, the final average salary is one thirty- sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive months of credited service. Under state general member coverage plan 2, if a member has less than thirty-six months of credited service, the final average salary is the aggregate amount of salary paid a member for the member's period of credited service divided by the member's credited service.

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Legislative History

Laws 1987, ch. 253, § 24.

Nearby Sections

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