Municipal detention officer member coverage plan 1;

NMSA 1978, § 10-11-115.3 — under Article 11.

NMSA 1978, § 10-11-115.3

amount of pension; form of payment A. Under municipal detention officer member coverage plan 1, the amount of pension under form of payment A is equal to three percent of the final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary. History: Laws 2003, ch. 268, § 4; 2013, ch. 225, § 88; 2023, ch. 53, § 18.