New Mexico Administrative Code

This rule is authorized by NMSA 1978, Section 10-12B-3, 10-12B-10, and 10-12B-11, as amended.

Permanent.

November 1, 1994 unless a different date is cited at the end of a section.

The objective of this rule is to establish procedures and requirements for the remittance of contributions.

A. In accordance with the Judicial Retirement Act each judicial agency, as employer, shall be responsible for deducting the applicable contribution from the salary or wages paid to each member for each payroll period. B. The employer shall transmit to PERA the member and employer…

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

This rule affects the members, former members, retirees, beneficiaries, public employers, retirement board, and the association under the Judicial Retirement Act.

This rule is authorized by NMSA 1978, Sections 10-12B-3 and 10-12B-19, as amended.

Permanent.

December 15, 1995 unless a different date is cited at the end of a section.

The objective of this rule is to establish procedures for collecting pensions overpayments.

The board directs the executive director to make all reasonable efforts to collect any pension overpayment made for any reason.

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

A. Prior to the adoption, amendment or repeal of any rule, the board shall, at least thirty days prior to its proposed action:(1) publish notice of its proposed action in a newspaper with a general statewide circulation. The notice shall: (a) give the time and place of any public…

This rule affects the members, former members, retirees, beneficiaries, public employers, retirement board, and the association under the Judicial Retirement Act.

Expenses related to the investment of the judicial retirement fund and administration of the Judicial Retirement Act shall be paid from the fund. Such expenses shall include: A. the cost of annual and special actuarial valuations necessary to determine the contribution rate requi…

This rule is authorized by NMSA 1978, Section 10-12B-3, as amended.

(Reserved.)

Permanent.

The board directs the executive director to make all reasonable efforts to collect any pension overpayment made for any reason.

July 1, 1992 unless a different date is cited at the end of a section.

The objective of this rule is to establish procedures for rulemaking, to provide for payment of expenses for investing and administering the judicial retirement fund, to establish procedures and requirements for the remittance of contributions, and to establish procedures for col…

Public Employees Retirement Association (PERA), P. O. Box 2123, Santa Fe, New Mexico 87504-2123.

Judges or justices in office on or after July 1, 1992 shall be members. A.Each judicial agency must provide to PERA a membership application, in the form prescribed by PERA, completed by each member within 30 days after the member takes office. B.The member is responsible for pro…

This rule affects judges or justices in office on or after July 1, 1992, judicial agencies and the association under the Judicial Retirement Act.

This rule is authorized by Sections 10-12B-3 and 10-12B-4 NMSA, 1978, as amended.

Permanent.

July 1, 2015, unless a later date is cited at the end of a section.

The objective of this rule is to establish procedures for obtaining membership applications and applications for exemption from membership under the Judicial Retirement Act.

(Reserved.)

Public Employees Retirement Association (PERA), P. O. Box 2123, Santa Fe, New Mexico 87504-2123.

This rule affects the members, former members, judicial agencies, the administrative office of the courts, retirement board and the association under the Judicial Retirement Act.

This rule is authorized by Sections 10-12B-3 and 10-12B-5 NMSA 1978, as amended.

Permanent.

July 1, 2015, unless a later date is cited at the end of a section.

The objective of this rule is to establish standards and procedures for awarding and reinstating service credit under the Judicial Retirement Act.

(Reserved.)

A. Members may receive one month of service credit for any calendar month in which the member becomes a member on or before the sixteenth day of that month, or for any calendar month in which the member leaves office on or after the fifteenth day of the month, provided that all o…

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

This rule affects the members, judicial agencies, the retirement board and the association under the Judicial Retirement Act.

This rule is authorized by NMSA 1978, Sections 10-12B-3 and 10-12B-6, as amended.

Permanent.

November 1, 1994 unless a different date is cited at the end of a section.

The objective of this rule is to establish procedures and requirements for the remittance of contributions under the Judicial Retirement Act.

A. "Another qualified plan," for the purposes of the direct rollover provisions in Section 10-11-124(C) NMSA 1978, means an eligible retirement plan, including: (1) an individual retirement account described in Internal Revenue Code Section 408(a); (2) an individual retirement an…

A. A member who leaves office for reasons other than retirement may request a refund of his or her total accumulated member contributions. Refunds shall include interest as provided in Subsection D of this section. B. No partial refund of a member's contributions is permitted. C.…

Public Employees Retirement Association (PERA), P. O. Box 2123, Santa Fe, New Mexico 87504-2123