State public safety member coverage plan 1; amount of

NMSA 1978, § 10-11-29 — under Article 11.

NMSA 1978, § 10-11-29

pension; form of payment A. Under state public safety member coverage plan 1, the amount of pension under form of payment A is equal to three percent of final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary. History: Laws 1987, ch. 253, § 29; 2003, ch. 268, § 12; 2013, ch. 225, § 17; 2020, ch. 11, § 10; 2023, ch. 53, § 2; 2024, ch. 52, § 5.