New Mexico Administrative Code

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

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 providing to the association any change of the member's address.

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

This rule is authorized by Sections 10-12C-3 and 10-12C-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 application for exemption from membership under the Magistrate Retirement Act.

Magistrates in office on or after July 1,1992, shall be members unless they have previously excluded themselves from membership under the provisions of prior law.

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

This rule affects the members, retirees, beneficiaries, public employers, the retirement board and the association under the Magistrate Retirement Act (MRA).

This rule is authorized by Sections 10-12C-3 and 10-12C-5 NMSA 1978.

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 Magistrate Retirement Act.

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 ffiteenth 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 former members, retirees, beneficiaries, public employers, the retirement board and the association under the Magistrate Retirement Act.

This rule is authorized by NMSA 1978, Sections 10-12C-3 and 10-12C-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 refund of contributions under the Magistrate 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. …

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

A. The following information must be contained in a divorce decree or order which divides the community interest in MRA retirement pensions or contributions: (1) specific information identifying the parties, i.e., full names, addresses, social security numbers, retirement numbers…

This rule affects members, former members, retirees, beneficiaries, and the association under the Magistrate Retirement Act (MRA). This rule also affects the spouses and ex-spouses of members, former members and retirees under the act.

A.The following information must be contained in an order to withhold amounts due in satisfaction of current or delinquent child support obligations. (1) specific information identifying the member or retired member, i.e., full name, address, social security number, retirement nu…

This rule is authorized by Sections 10-12C-3 and 10-12C-7 NMSA 1978, as amended.

Pursuant to Section 10-12C-7 NMSA 1978, MRA retirement accounts are not subject to legal process under other state laws, except for division of a community interest in such accounts or in enforcement of child support obligations, both as provided in Section 10-12C-7 NMSA 1978. In…

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 dividing the community interest in retirement pensions or contributions and for withholding from retirement pensions/contributions the amounts due pursuant to a child support enforcement order.

Public Employees Retirement Association, 33 Plaza La Prensa, Santa Fe, NM, 87507

A. The following procedure governs the process for retirement: (1) The member shall request an application for retirement from PERA. To ensure that the member may retire on the date the member has chosen, the completed application should be returned to PERA, with the required doc…

A magistrate who becomes disabled prior to retirement can make application for benefits in accordance with 2.80.1000 NMAC.

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

The maximum annual benefit limits contained in Internal Revenue Code Section 415(b), as amended and adjusted, are incorporated herein by reference. Notwithstanding any other provision of the Magistrate Retirement Act and regulations, all benefits paid from the magistrate retireme…

This rule is authorized by Sections 10-12C-3, 10-12C-8, and 10-12C-9 NMSA 1978, as amended.

Notwithstanding any provision of the of the Magistrate Retirement Act and regulations, the annual compensation of each magistrate that is taken into account under the plan, including for benefit calculation purposes, for any year does not exceed the limit specified in Internal Re…

Permanent.

October 10, 2023, unless a different date is cited as the end of a section.

The objective of this rule is to establish standards and procedures for the payment, of pensions of retired members.

[RESERVED]

Public Employees Retirement Association, 33 Plaza La Prensa, Santa Fe, NM, 87507

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

This rule is authorized by Sections 10-12C-3 and 10-12C-13 NMSA 1978, as amended.