Chapter 10 — Chapter 10

contributions. A municipal affiliated public employer may elect by resolution of its governing body or by execution of a collective bargaining agreement and in the manner prescribed by the retirement board to be responsible for making contributions of up to seventy-five percent o…

Municipal general member coverage plan 2 is applicable to a designated group of municipal general members the first day of the calendar month following an affirmative vote by the majority of the municipal general members in a designated group. A designated group may be all member…

service requirements for normal retirement. Under municipal general member coverage plan 2: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years …

pension; form of payment A. Under municipal general member coverage plan 2: A. for a member with age and service requirements provided in Subsection A of Section 10-11-51 NMSA 1978, the amount of pension under form of payment A is equal to two and one-half percent of the final av…

History: Laws 1987, ch. 253, § 5; repealed by Laws 2009, ch. 288, § 20.

contribution rate. A member under municipal general member coverage plan 2 shall contribute nine and fifteen-hundredths percent of salary starting with the first full pay period in the calendar month in which municipal general member coverage plan 2 becomes applicable to the memb…

public employer contribution rate. An affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal general member coverage plan 2: A. prior to July 1, 2022, nine and eight-tenths percent of salary…

applicability. History: Laws 1998, ch. 106, § 4; repealed by Laws 2009, ch. 288, § 20. Municipal general member coverage plan 3 is applicable to a designated group of municipal general members the first day of the calendar month following an affirmative vote by the majority of th…

ANNOTATIONS Repeals. — Laws 2009, ch. 288, § 20 repealed 10-11-55.10 NMSA 1978, as enacted by Laws 1998, ch. 106, § 4, relating to municipal general member coverage plan 4, final average salary, effective July 1, 2011. For provisions of former section, see the 2010 NMSA on NMOneS…

contribution rate. A member under municipal general member coverage plan 4 shall contribute fifteen and sixty-five hundredths percent of salary starting with the first full pay period in the calendar month in which municipal general member coverage plan 4 becomes applicable to th…

public employer contribution rate. An affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal general member coverage plan 4: A. prior to July 1, 2022, twelve and three-tenths percent of sala…

service requirements for normal retirement. Under municipal general member coverage plan 3: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years …

pension; form of payment A. Under municipal general member coverage plan 3: A. for a member with age and service requirements provided under Subsection A of Section 10-11-55.2 NMSA 1978, the amount of pension under form of payment A is equal to three percent of the final average …

History: 1978 Comp., § 10-11-55.4, enacted by Laws 1993, ch. 58, § 4; repealed by Laws 2009, ch. 288, § 20.

contribution rate. A member under municipal general member coverage plan 3 shall contribute thirteen and fifteen-hundredths percent of salary starting with the first full pay period in the calendar month in which municipal general member coverage plan 3 becomes applicable to the …

public employer contribution rate. An affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal general member coverage plan 3: A. prior to July 1, 2022, nine and eight-tenths percent of salary…

applicability. Municipal general member coverage plan 4 is applicable to a designated group of municipal general members the first day of the calendar month following an affirmative vote by the majority of the municipal general members in a designated group. A designated group ma…

service requirements for normal retirement. Under municipal general member coverage plan 4: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years …

pension; form of payment A. Under municipal general member coverage plan 4: A. for a member with age and service requirements provided under Subsection A of Section 10-11-55.8 NMSA 1978, the amount of pension under form of payment A is equal to three percent of the final average …

Municipal police member coverage plan 1 is applicable to municipal police members whose affiliated public employer has adopted municipal police member coverage plan 1 for its municipal police officers. The affiliated public employer shall certify this adoption to the retirement b…

service requirements for normal retirement. Under municipal police member coverage plan 1: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years o…

pension; form of payment A. Under municipal police member coverage plan 1, the amount of pension under form of payment A is equal to two 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 1987, ch. 253, § 59; repealed by Laws 2009, ch. 288, § 20.

States government service. A. A member who leaves the employ of an affiliated public employer to enter a uniformed service of the United States shall be given service credit for periods of service in the uniformed services subject to the following conditions: (1) the member is re…

workers' compensation leave. A. A member whose affiliated public employer has provided written certification to the association, in the form and manner prescribed by the association, that the employee was injured while performing a work-related function or duty in an inherently d…

term of office; Local Election Act. A member shall be credited an award of service to the member's service credit account: A. if, but for the shortening under the Local Election Act of a term in elected office served by the member, the member would meet the service requirement fo…

contribution rate. A member under municipal police member coverage plan 1 shall contribute seven percent of salary starting with the first full pay period in the calendar month in which municipal police member coverage plan 1 becomes applicable to the member, except that a member…

public employer contribution rate. The affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal police member coverage plan 1: A. prior to July 1, 2022, ten and sixty-five hundredths percent o…

Municipal police member coverage plan 2 is applicable to municipal police members whose affiliated public employer has adopted municipal police member coverage plan 2 for its municipal police officers. The affiliated public employer shall certify this adoption to the retirement b…

service requirements for normal retirement. Under municipal police coverage plan 2: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years of credi…

pension; form of payment A. Under municipal police member coverage plan 2: A. for a member with age and service requirements provided under Subsection A of Section 10-11-63 NMSA 1978, the amount of pension under form of payment A is equal to two and one-half percent of the final …

History: Laws 1987, ch. 253, § 65; repealed by Laws 2009, ch. 288, § 20.

contribution rate. A member under municipal police member coverage plan 2 shall contribute seven percent of salary with the first full pay period in the calendar month in which municipal police member coverage plan 2 becomes applicable to the member, except that a member whose an…

public employer contribution rate. The affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal police member coverage plan 2: A. prior to July 1, 2022, fifteen and sixty-five hundredths perce…

Municipal police member coverage plan 3 is applicable to municipal police members whose affiliated public employer has adopted municipal police member coverage plan 3 for its municipal police officers. The affiliated public employer shall certify this adoption to the retirement b…

service requirements for normal retirement. Under municipal police member coverage plan 3: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years o…

A. A member who entered a uniformed service of the United States may purchase service credit for periods of active duty in the uniformed services subject to the following conditions: (1) the member pays the association the purchase cost determined according to Subsection E of thi…

pension; form of payment A. Under municipal police member coverage plan 3: A. for a member with age and service requirements provided under Subsection A of Section 10-11-69 NMSA 1978, the amount of pension under form of payment A is equal to two and one-half percent of the final …

History: Laws 1987, ch. 253, § 71; repealed by Laws 2009, ch. 288, § 20.

contribution rate. A member under municipal police member coverage plan 3 shall contribute seven percent of salary with the first full pay period in the calendar month in which municipal police member coverage plan 3 becomes applicable to the member, except that a member whose an…

public employer contribution rate. The affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal police member coverage plan 3: A. prior to July 1, 2022, nineteen and fifteen-hundredths percent…

Municipal police member coverage plan 4 is applicable to municipal police members of an affiliated public employer on the first day of the calendar month following certification of the election adopting municipal police member coverage plan 4 by an affirmative vote of the majorit…

service requirements for normal retirement. Under municipal police member coverage plan 4: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years o…

pension; form of payment A. Under municipal police member coverage plan 4: A. for a member with age and service requirements provided under Subsection A of Section 10-11-75 NMSA 1978, the amount of pension under form of payment A is equal to three percent of the final average sal…

History: Laws 1987, ch. 253, § 77; repealed by Laws 2009, ch. 288, § 20.

contribution rate. A member under municipal police member coverage plan 4 shall contribute twelve and thirty-five hundredths percent of salary starting with the first full pay period in the calendar month in which municipal police member coverage plan 4 becomes applicable to the …

public employer contribution rate. The affiliated public employer shall contribute the following percentages of the salary of each member it employs and who is covered under municipal police member coverage plan 4: A. prior to July 1, 2022, nineteen and fifteen-hundredths percent…

continued; contributions. A. A member may retire upon fulfilling the following requirements prior to the selected date of retirement: (1) a written application for normal retirement, in the form prescribed by the association, is filed with the association; (2) employment is termi…

Municipal police member coverage plan 5 is applicable to municipal police members of an affiliated public employer on the first day of the calendar month following certification of the election adopting municipal police member coverage plan 5 by an affirmative vote of the majorit…

service requirements for normal retirement. Under municipal police member coverage plan 5: A. for a member who was a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are: (1) age sixty-five years or older and five or more years o…