reglab/housing_qa huggingface dataset:
NM Stat § 10-12C-9 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-9 - Amount of pension.

A. For a magistrate who was a member on June 30, 2014, the monthly pension is an amount equal to the sum of: (1) for service credit earned on or before June 30, 2014, the amount is equal to one-twelfth of: | seventy-five percent of salary recevied during last year in office prior to retirement     X .05 X     (number of years of service, not exceeding fifteen years, plus five years); and   (2) for service credit earned on and after July 1, 2014, an amount equal to one-sixtieth of the greatest aggregate amount of salary received for sixty consecutive, but not necessarily continuous, months in office multiplied by the product of three and one-half percent times the sum of the number of years of service. B. For a magistrate who initially became a member on or after July 1, 2014, the amount of monthly pension is equal to one-sixtieth of the greatest aggregate amount of salary received for sixty consecutive, but not necessarily continuous, months in office multiplied by the product of three percent times the sum of the number of years of service. C. The amount of monthly pension under form of payment A for a pension calculated pursuant to Subsection B of this section shall not exceed eighty-five percent of one-sixtieth of the greatest aggregate amount of salary received for sixty consecutive, but not necessarily continuous, months prior to the member leaving office. D. The amount of monthly pension payable for a pension calculated pursuant to Subsection A of this section shall not exceed eighty-five percent of one-sixtieth of the greatest aggregate amount of salary received for sixty consecutive, but not necessarily continuous, months prior to the member leaving office. A pension benefit determined pursuant to this subsection shall not be less than the benefit earned as of June 30, 2014. History: Laws 1992, ch. 118, § 9; 2014, ch. 39, § 6; 2014, ch. 43, § 6. ANNOTATIONSThe 2014 amendment, effective July 1, 2014, decreased the pension multiplier for services credit earned after June 30, 2014; increased the maximum pension benefit; in Subsection A, added the introductory sentence; in Subsection A, Paragraph (1), at the beginning of the sentence, added "for service credit earned on or before June 30, 2014", and after "the amount", deleted "of pension"; in Subsection A, added Paragraph (2); and added Subsections B, C and D. Laws 2014, ch. 39, § 6 and Laws 2014, ch. 43, § 6, both effective July 1, 2014, enacted identical amendments to this section. The section was set out as amended by Laws 2014, ch. 43, § 6. See 12-1-8 NMSA 1978. Severability. — Laws 2014, ch. 43, § 16 provided that if any part or application of Laws 2014, ch. 43 is held invalid, the remainder or its application to other situations or persons shall not be affected.
NM Stat § 10-12C-12 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-12 - Disability retirement pension.

A. A magistrate with the applicable minimum number of years of service credit accrued pursuant to the provisions of the Magistrate Retirement Act who becomes unable to carry out the duties of that office due to physical or mental disability shall, upon determination of the disability and relinquishment of office, receive a pension from the fund so long as the disability continues. Determination of disability shall be made by the board in accordance with the provisions of the Public Employees Retirement Act [Chapter 10, Article 11 NMSA 1978] and rules promulgated pursuant to that act. B. The amount of the pension shall be calculated using the formula for normal retirement set out in Section 10-12C-9 NMSA 1978. C. The applicable service credit requirement shall be waived if the board finds the disability to have been the natural and proximate result of causes arising solely and exclusively out of and in the course of the member's performance of duty as a magistrate, and the amount of pension shall be computed as if the member had the applicable minimum number of years of service credit as a magistrate. History: Laws 1992, ch. 118, § 12; 2014, ch. 39, § 9; 2014, ch. 43, § 9. ANNOTATIONSThe 2014 amendment, effective July 1, 2014, based the disability pension on the applicable minimum number of years of service credit; in Subsection A, after "magistrate with", deleted "five" and added "the applicable minimum number of", and after "minimum number of years" deleted "or more"; and in Subsection C, after "The", deleted "five-year" and added "applicable", and after "computed as if the member had", deleted "five" and added "the applicable minimum number of". Laws 2014, ch. 39, § 9 and Laws 2014, ch. 43, § 9, both effective July 1, 2014, enacted identical amendments to this section. The section was set out as amended by Laws 2014, ch. 43, § 9. See 12-1-8 NMSA 1978. Severability. — Laws 2014, ch. 43, § 16 provided that if any part or application of Laws 2014, ch. 43 is held invalid, the remainder or its application to other situations or persons shall not be affected.
NM Stat § 10-12C-14.1 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-14.1 - Qualified pension recipient; cost-of-living adjustment wait period; declining increase.

A. Pursuant to the Magistrate Retirement Act, a qualified pension recipient is a: (1) normal retired member who retires: (a) on or before June 30, 2014 and has been retired for at least two full calendar years from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted; (b) between July 1, 2014 and June 30, 2015 and has been retired for at least three full calendar years from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted; (c) between July 1, 2015 and June 30, 2016 and has been retired for at least four full calendar years from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted; or (d) on or after July 1, 2016 and has been retired for at least seven full calendar years from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted; (2) normal retired member who is at least sixty-five years of age and has been retired for at least one full calendar year from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted; (3) disability retired member who has been retired for at least one full calendar year from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted; (4) survivor beneficiary who has received a survivor pension for at least two full calendar years; or (5) survivor beneficiary of a deceased retired member who otherwise would have been retired at least two full calendar years from the effective date of the latest retirement prior to July 1 of the year in which the pension is being adjusted. B. A qualified pension recipient may decline an increase in a pension by giving the association written notice of the decision to decline the increase at least thirty days prior to the date the increase would take effect. History: 1978 Comp., § 10-12C-14.1, enacted by Laws 2014, ch. 39, § 15 and Laws 2014, ch. 43, § 15. ANNOTATIONSDuplicate laws. — Laws 2014, ch. 39, § 15 and Laws 2014, ch. 43, § 15, both effective July 1, 2014, enacted identical new sections. The section was set out as enacted by Laws 2014, ch. 43, § 15. See 12-1-8 NMSA 1978. Severability. — Laws 2014, ch. 43, § 16 provided that if any part or application of Laws 2014, ch. 43 is held invalid, the remainder or its application to other situations or persons shall not be affected.
NM Stat § 10-12C-15 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-15 - Group insurance; continuation.

If the provisions of the Retiree Health Care Act [10-7C-1 to 10-7C-16 NMSA 1978] do not apply to a retired member, that retired member may continue to be insured under the provisions of any state group insurance plan in effect at the time of retirement or under the terms of any separate subsequent state group insurance plan, if the retired member pays the entire periodic premium charges for such insurance and consents to have the periodic premium charges deducted from the retired member's pension. History: Laws 1992, ch. 118, § 15.
NM Stat § 10-12C-16 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-16 - Suspension or forfeiture of benefits.

A. If a member retires and is subsequently employed by any employer covered by any state system or the educational retirement system, the retired member's pension shall be suspended effective the first day of the month following the month in which the subsequent employment begins. The suspended pension of a previously retired member shall resume and be effective the first day of the month following the month in which the member leaves office or terminates the subsequent employment. B. The right to receive a pension pursuant to the provisions of the Magistrate Retirement Act shall be forfeited if the member is removed from office pursuant to the provisions of Article 6, Section 32 of the constitution of New Mexico and the member's only entitlement from the fund shall be the refund of the member's own contributions. C. The provisions of Subsection A of this section shall not apply to a retired member who is elected to serve a term as an elected official if the retired member files an irrevocable exemption from membership in any state system with the association within thirty days of taking office. Filing of an irrevocable exemption shall irrevocably bar the retired member from acquiring service credit for the period of exemption from the membership. History: Laws 1992, ch. 118, § 16; 2001, ch. 104, § 1. ANNOTATIONSThe 2001 amendment, effective June 15, 2001, added Subsection C to the section.
NM Stat § 10-12C-17 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-17 - Adjustment of pension.

A. If payment of a pension or other retirement benefit causes a decrease in the amount of monetary payments or other needs-based benefits due to a payee from any other governmental agency, the pension or other retirement benefit shall be reduced for the period during which the pension or other retirement benefit prevents payment of another needs-based benefit to result in payment of the maximum amount possible by the association and the other governmental agency to the payee. Any amounts that would otherwise be paid out that are not paid in accordance with the provisions of this section shall not be recoverable by a payee at any later date. B. If there is a change in the effect of a pension or other retirement benefit on any monetary payments or other needs-based benefits due to a payee from any other governmental agency, the pension or other retirement benefits shall be adjusted to result in the maximum total benefit to the payee. In no event shall any pension be increased in an amount greater than that authorized by the Magistrate Retirement Act. C. The provisions of this section are mandatory and shall not be waived or declined by a payee. Each payee shall provide the association with all information necessary for the association to carry out the requirements imposed by this section. D. If the payee fails to provide all the facts necessary to comply with the requirements imposed by this section, and payment of a pension or other retirement benefit is made without making the adjustment required by this section, neither the board, the executive director nor any officer or employee of the association or the board shall be liable to any third party because the adjustment was not made as required. E. As used in this section: (1) "pension" means a normal retirement, survivor or disability retirement pension payable to a retired member or survivor beneficiary pursuant to the Magistrate Retirement Act; (2) "governmental agency" means the federal government, any department or agency of the federal government, any state and any department, agency or political subdivision of a state; (3) "total benefits" means pensions plus any other monetary payments or other needs-based benefits due to the payee from any governmental agency; (4) "needs-based benefit" means monetary or other benefits for which a determination of eligibility is based upon the recipient's level of income and resources; and (5) "payee" means a retired member or the refund beneficiary or survivor beneficiary of a retired member. History: Laws 1995, ch. 115, § 9; 1997, ch. 189, § 16. ANNOTATIONSThe 1997 amendment, effective June 20, 1997, in Subsection D, deleted "retirement" preceding "board" in two places and substituted "director" for "secretary".
NM Stat § 10-12C-18 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 12C - Magistrate Retirement|Section 10-12C-18 - Correction of errors and omissions; estoppel.

A. If an error or omission results in an overpayment to a member or beneficiary of a member, the association shall correct the error or omission and adjust all future payments accordingly. The association shall recover all overpayments made for a period of up to one year prior to the date the error or omission was discovered. B. A person who is paid more than the amount that is lawfully due him as a result of fraudulent information provided by the member or beneficiary shall be liable for the repayment of that amount to the association plus interest on that amount at the rate set by the board plus all costs of collection, including attorney fees if necessary. Recovery of such overpayment shall extend back to the date the first payment was made based on the fraudulent information. C. Statements of fact or law made by board members or employees of the board or the association shall not estop the board or the association from acting in accordance with the applicable statutes. History: Laws 1995, ch. 115, § 10; 1997, ch. 189, § 17. ANNOTATIONSThe 1997 amendment, effective June 1997, in Subsection A, in the first sentence, deleted "in an application or its supporting documents" preceding "results" and made a stylistic change and made a stylistic change in Subsection B.
NM Stat § 10-13-1 to 10-13-5 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 13 - Retirement Reciprocity (Repealed.)|Section 10-13-1 to 10-13-5 - Repealed.

ANNOTATIONSRepeals. — Laws 1993, ch. 279, § 4 repealed 10-13-1 through 10-13-5 NMSA 1978, as enacted or amended by Laws 1963, ch. 275, §§ 1, 2, and 5, Laws 1973, ch. 352, § 1, and Laws 1977, ch. 331, § 1, concerning retirement reciprocity, effective July 1, 1993. For provisions of former sections, see the 1992 NMSA 1978 on NMOneSource.com. For the Public Employees Retirement Reciprocity Act, see Chapter 10, Article 13A NMSA 1978.
NM Stat § 10-13-6 to 10-13-9 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 13 - Retirement Reciprocity (Repealed.)|Section 10-13-6 to 10-13-9 - Repealed.

ANNOTATIONSRepeals. — Laws 1992, ch. 116, § 17 repealed 10-13-6 to 10-13-9 NMSA 1978, as enacted by Laws 1983, ch. 138, §§ 1 to 4; relating to judicial retirement reciprocity, effective July 1, 1992. For provisions of former sections, see the 1991 NMSA 1978 on NMOneSource.com. For present comparable provisions, see 10-13A-1 NMSA 1978 et seq.
NM Stat § 10-13A-1 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 13A - Public Employees Retirement Reciprocity|Section 10-13A-1 - Short title.

Chapter 10, Article 13A NMSA 1978 may be cited as the "Public Employees Retirement Reciprocity Act". History: 1978 Comp., § 10-13A-1, enacted by Laws 1992, ch. 116, § 13. ANNOTATIONSPurpose of act. — The [Public Employees] Retirement Reciprocity Act was enacted to extend to public employees the benefit of increased retirement credit irrespective of the particular state retirement system the individual may have been employed under, and to permit an individual to receive greater retirement advantages than would otherwise be possible under either of the single state retirement systems. 1964 Op. Att'y Gen. No. 64-118. To be liberally construed. — The [Public Employees] Retirement Reciprocity Act (former Sections 10-13-1 to 10-13-5 NMSA 1978) was remedial in nature and was to be liberally interpreted in order to best carry out the announced purposes of the act. 1964 Op. Att'y Gen. No. 64-118. Where credit extended. — The [Public Employees] Retirement Reciprocity Act (former Sections 10-13-1 to 10-13-5 NMSA 1978) was adopted to extend reciprocal retirement credit to individuals who have been employed under both the state public educational system and state public employment. 1964 Op. Att'y Gen. No. 64-118.
NM Stat § 10-13A-2 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 13A - Public Employees Retirement Reciprocity|Section 10-13A-2 - Definitions.

As used in the Public Employees Retirement Reciprocity Act: A. "association" means the public employees retirement association of New Mexico; B. "board" means the retirement board provided for in the Public Employees Retirement Act [Chapter 10, Article 11 NMSA 1978] or the educational retirement board; C. "educational retirement system" means that retirement system provided for in the Educational Retirement Act [Chapter 22, Article 11 NMSA 1978]; D. "eligible reciprocal service credit" means a minimum of one month of service credit under any state system as calculated according to the retirement act applicable to the member; E. "former member" means a person who was previously employed by an employer covered by a state system, who has terminated that employment and who has received a refund of member contributions; F. "judicial retirement system" means that retirement system provided for in the Judicial Retirement Act [Chapter 10, Article 12B NMSA 1978]; G. "magistrate retirement system" means that retirement system provided for in the Magistrate Retirement Act [Chapter 10, Article 12C NMSA 1978]; H. "member" means: (1) a currently employed, contributing employee of an employer covered by a state system; or (2) a person who has been but is not currently employed by an employer covered by a state system, who has not retired and who has not received a refund of member contributions from the state system under which he was covered; I. "member contributions" means the amounts deducted from the salary of a member and credited to the member's individual account in a state system, together with interest, if any, credited to that account; J. "pension" means a series of monthly payments to a retired member or survivor beneficiary as defined and provided in the Educational Retirement Act, the Public Employees Retirement Act, the Magistrate Retirement Act or the Judicial Retirement Act; K. "public employees retirement system" means that retirement system provided for in the Public Employees Retirement Act; L. "retire" means to: (1) terminate employment with all employers covered by any state system; and (2) receive a pension benefit from one state system; M. "salary" means the member's salary as defined under the applicable retirement act; and N. "state system" means a retirement program provided for in the Educational Retirement Act, the Public Employees Retirement Act, the Magistrate Retirement Act or the Judicial Retirement Act. History: 1978 Comp., § 10-13A-2, enacted by Laws 1992, ch. 116, § 14; 1993, ch. 279, § 1. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, added Subsection K, redesignating Subsections K through M as Subsections L through N; rewrote Subsections B and D and Subsection M; inserted "who has" in Subsection E; and inserted "Educational Retirement Act, the" in Subsection J and Subsection N.
NM Stat § 10-13A-3 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 13A - Public Employees Retirement Reciprocity|Section 10-13A-3 - Service credit; forfeiture; reinstatement.

Forfeited service credit under any state system shall be reinstated according to the provisions of the retirement act applicable to that state system before that service credit may be considered eligible reciprocal service credit. History: 1978 Comp., § 10-13A-3, enacted by Laws 1992, ch. 116, § 15; 1993, ch. 279, § 2. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, deleted the provisions of Subsection A, which provided a procedure for reinstatement of forfeited service credit; deleted the Subsection B designation from the beginning of the section; and substituted "shall be reinstated according to the provisions of the retirement act applicable to that state system" for "must be reinstated".
NM Stat § 10-13A-5 (2021)
2021 New Mexico Statutes|Chapter 10 - Public Officers and Employees|Article 13A - Public Employees Retirement Reciprocity|Section 10-13A-5 - Condition for separate payment of pension component.

Notwithstanding the provisions of Subsection E of Section 10-13A-4 NMSA 1978 to the contrary, a member who retires prior to July 1, 2017 shall be paid pursuant to Subsection E of Section 10-13A-4 NMSA 1978 until the executive director of the public employees retirement association and the executive director of the educational retirement board have certified to each other that the association or the board, respectively, has in place the appropriate accounting and financial structures and information technology for each state retirement system from which a member earned eligible reciprocal service credit to separately pay the amount of the component of the pension attributable to service credit accrued under that state system, at which time each state retirement system shall separately pay a member who retires prior to July 1, 2017 pursuant to Subsection F of Section 10-13A-4 NMSA 1978. History: Laws 2017, ch. 25, § 2. ANNOTATIONSEffective dates. — Laws 2017, ch. 25, § 3 made Laws 2017, ch. 25, § 2 effective July 1, 2017.