New Mexico Statutes

§ 29-4-4 — State contributions to funds; liquidation

New Mexico·Ch. 29 Law Enforcement·Art. 4 State Police Pension Fund
State contributions to the pension trust fund and the supplementary trust fund shall be appropriated as a part of the annual operating budget of the state police. Contributions to the funds shall be in an amount necessary to prevent any actuarial deterioration of the fund as determined by an annual actuarial investigation. Termination of the trust and liquidation of the funds shall be effected only by specific legislative act.

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Legislative History

1978 Comp., § 29-4-4 enacted by Laws 1980, ch. 8, § 1.

Nearby Sections

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