reglab/statecodes huggingface dataset:
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-57 - Municipal police member coverage plan 1; age and 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 of credited service;
(2) age sixty-four years and eight or more years of credited service;
(3) age sixty-three years and eleven or more years of credited service;
(4) age sixty-two years and fourteen or more years of credited service;
(5) age sixty-one years and seventeen or more years of credited service;
(6) age sixty years and twenty or more years of credited service; or
(7) any age and twenty-five or more years of credited service; and
B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:
(1) age sixty years or older and five or more years of service credit; or
(2) any age and twenty-five or more years of service credit.
History:
Laws 1987, ch. 253, § 57; 2013, ch. 225, § 47; 2020, ch. 11, § 28.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, changed the service credit requirement for certain retirees; and in Subsection B, Paragraph B(1), after "older and", deleted "six" and added "five".
The 2013 amendment,
effective July 1, 2013, increased the age and service requirements for normal retirement of members who retire after June 30, 2013; in Subsection A, in the introductory sentence, added "for a member who was a retired member or a member on June 30, 2013"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-58 - Municipal police member coverage plan 1; amount of 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, § 58; 2013, ch. 225, § 48; 2023, ch. 53, § 8.
ANNOTATIONS
The 2023 amendment,
effective June 16, 2023, increased the maximum amount of pension that a municipal police member under coverage plan 1 is permitted to earn; and after "shall not exceed", deleted "ninety" and added "one hundred".
Applicability.
— The provisions of Laws 2023, ch. 53, § 19 apply to credited service performed after June 16, 2023. Any credited service performed or amount of pension earned prior to June 16, 2023 shall not be calculated or adjusted to conform to the provisions of Laws 2023, ch. 53.
The 2013 amendment,
effective July 1, 2013, increased the maximum pension benefit; and in the second sentence, after "shall not exceed", changed "eighty" to "ninety".
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-59 - Repealed.

History:
Laws 1987, ch. 253, § 59; repealed by Laws 2009, ch. 288, § 20.
ANNOTATIONS
Repeals.
— Laws 2009, ch. 288, § 20 repealed 10-11-59 NMSA 1978, as enacted by Laws 1987, ch. 253, § 59, relating to municipal police member coverage plan 1, final average salary, effective July 1, 2011. For provisions of former section,
see
the 2010 NMSA 1978 on
NMOneSource.com.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-60 - Municipal police member coverage plan 1; member 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 whose annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute:
A. prior to July 1, 2022, eight and one-half percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, nine percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, nine and one-half percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, ten percent of salary; and
E. beginning July 1, 2025 and thereafter, ten and one-half percent of salary.
History:
Laws 1987, ch. 253, § 60; 2013, ch. 225, § 49; 2020, ch. 11, § 29.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased member contribution rates by .5 percent each year for four years for members whose annual salary is greater than twenty-five thousand dollars, and increased the salary amount applicable to the increased member contribution rate; in the introductory clause, after "greater than", deleted "twenty thousand dollars ($20,000)" and added "twenty-five thousand dollars ($25,000)", and after "shall contribute", deleted "eight and one-half percent of salary"; and added Subsections A through E.
The 2013 amendment,
effective July 1, 2013, increased the employee contribution rate for employees earning more than twenty thousand dollars in salary annually; deleted the entire section which provided for employee contributions at a rate of seven percent of salary; and added the current language.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-61 - Municipal police member coverage plan 1; affiliated 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 of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, eleven and fifteen-hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, eleven and sixty-five hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, twelve and fifteen-hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, twelve and sixty-five hundredths percent of salary.
History:
Laws 1987, ch. 253, § 61; 2013, ch. 225, § 50; 2019, ch. 237, § 7; 2020, ch. 11, § 30.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased affiliated public employer contribution rates by .5 percent each year for four years; in the introductory clause, after "shall contribute", deleted "ten and sixty-five hundredths percent" and added "the following percentages"; and added Subsections A through E.
The 2019 amendment,
effective July 1, 2019, increased employer contribution rates to the funds included under the Public Employees Retirement Act; after "shall contribute ten and", deleted "four-tenths" and added "sixty-five hundredths", and after "member coverage plan 1", deleted "except that, from July 1, 2013 through June 30, 2014, the affiliated public employer contribution rate shall be ten percent of the salary of each member".
The 2013 amendment,
effective July 1, 2013, increased the employer contribution rate; after "contribute ten", added "and four-tenths"; and after "coverage plan 1", added the remainder of the sentence.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-62 - Municipal police member coverage plan 2; applicability.

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 board in the form prescribed by the retirement board.
History:
Laws 1987, ch. 253, § 62.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-63 - Municipal police member coverage plan 2; age and 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 credited service;
(2) age sixty-four years and eight or more years of credited service;
(3) age sixty-three years and eleven or more years of credited service;
(4) age sixty-two years and fourteen or more years of credited service;
(5) age sixty-one years and seventeen or more years of credited service;
(6) age sixty years and twenty or more years of credited service; or
(7) any age and twenty-five or more years of credited service; and
B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:
(1) age sixty years or older and five or more years of service credit; or
(2) any age and twenty-five or more years of service credit.
History:
Laws 1987, ch. 253, § 63; 2013, ch. 225, § 51; 2020, ch. 11, § 31.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, changed the service credit requirement for certain retirees; and in Subsection B, Paragraph B(1), after "older and", deleted "six" and added "five".
The 2013 amendment,
effective July 1, 2013, increased the age and service requirements for normal retirement of members who retire after June 30, 2013; in Subsection A, in the introductory sentence, added "for a member who was a retired member or a member on June 30, 2013"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-64 - Municipal police member coverage plan 2; amount of 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 average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary; and
B. for a member with age and service requirements provided under Subsection B of Section 10-11-63 NMSA 1978, 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, § 64; 2013, ch. 225, § 52; 2023, ch. 53, § 9.
ANNOTATIONS
The 2023 amendment,
effective June 16, 2023, increased the maximum amount of pension that a municipal police member under coverage plan 2 is permitted to earn; in Subsection A, after "shall not exceed", deleted "ninety" and added "one hundred"; and in Subsection B, after "shall not exceed", deleted "ninety" and added "one hundred".
Applicability.
— The provisions of Laws 2023, ch. 53, § 19 apply to credited service performed after June 16, 2023. Any credited service performed or amount of pension earned prior to June 16, 2023 shall not be calculated or adjusted to conform to the provisions of Laws 2023, ch. 53.
The 2013 amendment,
effective July 1, 2013, decreased the maximum pension benefit; decreased the pension benefit for employees who become members after June 30, 2013; in Subsection A, in the first sentence, added "for a member with age and service requirements provided under Subsection A of Section 10-11-63 NMSA 1978" and in the second sentence, after "shall not exceed", deleted "one hundred" and added "ninety"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-65 - Repealed.

History:
Laws 1987, ch. 253, § 65; repealed by Laws 2009, ch. 288, § 20.
ANNOTATIONS
Repeals.
— Laws 2009, ch. 288, § 20 repealed 10-11-65 NMSA 1978, as enacted by Laws 1987, ch. 253, § 65, relating to municipal police member coverage plan 2, final average salary, effective July 1, 2011. For provisions of former section,
see
the 2010 NMSA 1978 on
NMOneSource.com.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-66 - Municipal police member coverage plan 2; member 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 annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute:
A. prior to July 1, 2022, eight and one-half percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, nine percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, nine and one-half percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, ten percent of salary; and
E. beginning July 1, 2025 and thereafter, ten and one-half percent of salary.
History:
Laws 1987, ch. 253, § 66; 2013, ch. 225, § 53; 2020, ch. 11, § 32.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased member contribution rates by .5 percent each year for four years for members whose annual salary is greater than twenty-five thousand dollars, and increased the salary amount applicable to the increased member contribution rate; in the introductory clause, after "greater than", deleted "twenty thousand dollars ($20,000)" and added "twenty-five thousand dollars ($25,000)", and after "shall contribute", deleted "eight and one-half percent of salary"; and added Subsections A through E.
The 2013 amendment,
effective July 1, 2013, increased the employee contribution rate for employees earning more than twenty thousand dollars in salary annually; deleted the entire section which provided for employee contributions at a rate of seven percent of salary; and added the current language.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-67 - Municipal police member coverage plan 2; affiliated 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 percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, sixteen and fifteen-hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, sixteen and sixty-five hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, seventeen and fifteen-hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, seventeen and sixty-five hundredths percent of salary.
History:
Laws 1987, ch. 253, § 67; 2013, ch. 225, § 54; 2019, ch. 237, § 8; 2020, ch. 11, § 33.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased affiliated public employer contribution rates by .5 percent each year for four years; in the introductory clause, after "shall contribute", deleted "fifteen and sixty-five hundredths percent" and added "the following percentages"; and added Subsections A through E.
The 2019 amendment,
effective July 1, 2019, increased employer contribution rates to the funds included under the Public Employees Retirement Act; after "shall contribute fifteen and", deleted "four-tenths" and added "sixty-five hundredths", and after "member coverage plan 2", deleted "except that, from July 1, 2013 through June 30, 2014, the affiliated public employer contribution rate shall be fifteen percent of the salary of each member".
The 2013 amendment,
effective July 1, 2013, increased the employer contribution rate; after "contribute fifteen", added "and four-tenths"; and after "coverage plan 2", added the remainder of the sentence.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-68 - Municipal police member coverage plan 3; applicability.

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 board in the form prescribed by the retirement board.
History:
Laws 1987, ch. 253, § 68.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-69 - Municipal police member coverage plan 3; age and 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 of credited service;
(2) age sixty-four years and eight or more years of credited service;
(3) age sixty-three years and eleven or more years of credited service;
(4) age sixty-two years and fourteen or more years of credited service;
(5) age sixty-one years and seventeen or more years of credited service; or
(6) any age and twenty or more years of credited service; and
B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:
(1) age sixty years or older and five or more years of service credit; or
(2) any age and twenty-five or more years of service credit.
History:
Laws 1987, ch. 253, § 69; 2013, ch. 225, § 55; 2020, ch. 11, § 34.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, changed the service credit requirement for certain retirees; and in Subsection B, Paragraph B(1), after "older and", deleted "six" and added "five".
The 2013 amendment,
effective July 1, 2013, increased the age and service requirements for normal retirement of members who retire after June 30, 2013; in Subsection A, in the introductory sentence, added "for a member who was a retired member or a member on June 30, 2013"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-70 - Municipal police member coverage plan 3; amount of 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 average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary; and
B. for a member with age and service requirements provided under Subsection B of Section 10-11-69 NMSA 1978, 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, § 70; 2013, ch. 225, § 56; 2023, ch. 53, § 10.
ANNOTATIONS
The 2023 amendment,
effective June 16, 2023, increased the maximum amount of pension that a municipal police member under coverage plan 3 is permitted to earn; and in Subsections A and B, after "shall not exceed", deleted "ninety" and added "one hundred".
Applicability.
— The provisions of Laws 2023, ch. 53, § 19 apply to credited service performed after June 16, 2023. Any credited service performed or amount of pension earned prior to June 16, 2023 shall not be calculated or adjusted to conform to the provisions of Laws 2023, ch. 53.
The 2013 amendment,
effective July 1, 2013, decreased the maximum pension benefit; decreased the pension benefit for employees who become members after June 30, 2013; in Subsection A, in the first sentence, at the beginning of the sentence, added "for a member with age and service requirements provided under Subsection A of Section 10-11-69 NMSA 1978" and in the second sentence, after "shall not exceed", deleted "one hundred" and added "ninety"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-71 - Repealed.

History:
Laws 1987, ch. 253, § 71; repealed by Laws 2009, ch. 288, § 20.
ANNOTATIONS
Repeals.
— Laws 2009, ch. 288, § 20 repealed 10-11-71 NMSA 1978, as enacted by Laws 1987, ch. 253, § 71, relating to municipal police member coverage plan 3, final average salary, effective July 1, 2011. For provisions of former section,
see
the 2010 NMSA 1978 on
NMOneSource.com.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-72 - Municipal police member coverage plan 3; member 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 annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute:
A. prior to July 1, 2022, eight and one-half percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, nine percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, nine and one-half percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, ten percent of salary; and
E. beginning July 1, 2025 and thereafter, ten and one-half percent of salary.
History:
Laws 1987, ch. 253, § 72; 2013, ch. 225, § 57; 2020, ch. 11, § 35.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased member contribution rates by .5 percent each year for four years for members whose annual salary is greater than twenty-five thousand dollars, and increased the salary amount applicable to the increased member contribution rate; in the introductory clause, after "greater than", deleted "twenty thousand dollars ($20,000)" and added "twenty-five thousand dollars ($25,000)", and after "shall contribute", deleted "eight and one-half percent of salary"; and added Subsections A through E.
The 2013 amendment,
effective July 1, 2013, increased the employee contribution rate for employees earning more than twenty thousand dollars in salary annually; deleted the entire section which provided for employee contributions at a rate of seven percent of salary; and added the current language.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-73 - Municipal police member coverage plan 3; affiliated 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 of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, nineteen and sixty-five hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, twenty and fifteen-hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, twenty and sixty-five hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, twenty-one and fifteen-hundredths percent of salary.
History:
Laws 1987, ch. 253, § 73; 2013, ch. 225, § 58; 2019, ch. 237, § 9; 2020, ch. 11, § 36.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased affiliated public employer contribution rates by .5 percent each year for four years; in the introductory clause, after "shall contribute", deleted "nineteen and fifteen-hundredths percent" and added "the following percentages"; and added Subsections A through E.
The 2019 amendment,
effective July 1, 2019, increased employer contribution rates to the funds included under the Public Employees Retirement Act; after "shall contribute", deleted "eighteen and nine-tenths" and added "nineteen and fifteen-hundredths", and after "member coverage plan 3", deleted "except that, from July 1, 2013 through June 30, 2014, the affiliated public employer contribution rate shall be eighteen and one-half percent of the salary of each member".
The 2013 amendment,
effective July 1, 2013, increased the employer contribution rate; after "contribute eighteen and", deleted "one-half" and added "nine-tenths"; and after "coverage plan 3", added the remainder of the sentence.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-74 - Municipal police member coverage plan 4; applicability.

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 majority of the affiliated public employer's municipal police members. The election shall be conducted by the affiliated public employer. The certification shall be in the form prescribed by the retirement board. The election procedures shall afford all municipal police members of the affiliated public employer an opportunity to vote. An election adopting municipal police member coverage plan 4 for a given affiliated public employer is irrevocable for the purpose of subsequently adopting a coverage plan which would decrease employer or employee contributions with respect to all current and future municipal police members of that affiliated public employer.
History:
Laws 1987, ch. 253, § 74; 1989, ch. 79, § 3.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-75 - Municipal police member coverage plan 4; age and 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 of credited service;
(2) age sixty-four years and eight or more years of credited service;
(3) age sixty-three years and eleven or more years of credited service;
(4) age sixty-two years and fourteen or more years of credited service;
(5) age sixty-one years and seventeen or more years of credited service; or
(6) any age and twenty or more years of credited service; and
B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:
(1) age sixty years or older and five or more years of service credit; or
(2) any age and twenty-five or more years of service credit.
History:
Laws 1987, ch. 253, § 75; 2013, ch. 225, § 59; 2020, ch. 11, § 37.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, changed the service credit requirement for certain retirees; and in Subsection B, Paragraph B(1), after "older and", deleted "six" and added "five".
The 2013 amendment,
effective July 1, 2013, increased the age and service requirements for normal retirement of members who retire after June 30, 2013; in Subsection A, in the introductory sentence, added "for a member who was a retired member or a member on June 30, 2013"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-76 - Municipal police member coverage plan 4; amount of 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 salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary; and
B. for a member with age and service requirements provided under Subsection B of Section 10-11-75 NMSA 1978, the amount of pension under form of payment A is equal to two and one-half 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, § 76; 2013, ch. 225, § 60; 2023, ch. 53, § 11.
ANNOTATIONS
The 2023 amendment,
effective June 16, 2023, increased the maximum amount of pension that a municipal police member under coverage plan 4 is permitted to earn; in the section heading, deleted "pension" and added "payment"; and in Subsections A and B, after "shall not exceed", deleted "ninety" and added "one hundred".
Applicability.
— The provisions of Laws 2023, ch. 53, § 19 apply to credited service performed after June 16, 2023. Any credited service performed or amount of pension earned prior to June 16, 2023 shall not be calculated or adjusted to conform to the provisions of Laws 2023, ch. 53.
The 2013 amendment,
effective July 1, 2013, increased the maximum pension benefit; decreased the pension benefit for employees who become members after June 30, 2013; in Subsection A, in the first sentence, added "for a member with age and service requirements provided under Subsection A of Section 10-11-75 NMSA 1978" and in the second sentence, after "shall not exceed", deleted "eighty" and added "ninety"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-77 - Repealed.

History:
Laws 1987, ch. 253, § 77; repealed by Laws 2009, ch. 288, § 20.
ANNOTATIONS
Repeals.
— Laws 2009, ch. 288, § 20 repealed 10-11-77 NMSA 1978, as enacted by Laws 1987, ch. 253, § 77, relating to municipal police member coverage plan 4, final average salary, effective July 1, 2011. For provisions of former section,
see
the 2010 NMSA 1978 on
NMOneSource.com.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-78 - Municipal police member coverage plan 4; member 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 member, except that a member whose annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute:
A. prior to July 1, 2022, thirteen and eighty-five hundredths percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, fourteen and thirty-five hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, fourteen and eighty-five hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, fifteen and thirty-five hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, fifteen and eighty-five hundredths percent of salary.
History:
Laws 1987, ch. 253, § 78; 2013, ch. 225, § 61; 2020, ch. 11, § 38.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased member contribution rates by .5 percent each year for four years for members whose annual salary is greater than twenty-five thousand dollars, and increased the salary amount applicable to the increased member contribution rate; in the introductory clause, after "greater than", deleted "twenty thousand dollars ($20,000)" and added "twenty-five thousand dollars ($25,000)", and after "shall contribute", deleted "thirteen and eighty-five hundredths percent of salary"; and added Subsections A through E.
The 2013 amendment,
effective July 1, 2013, increased the employee contribution rate for employees earning more than twenty thousand dollars in salary annually; deleted the entire section, which provided for employee contributions at a rate of twelve and thirty-five one-hundredths percent of salary; and added the current language.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-79 - Municipal police member coverage plan 4; affiliated 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 of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, nineteen and sixty-five hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, twenty and fifteen-hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, twenty and sixty-five hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, twenty-one and fifteen-hundredths percent of salary.
History:
Laws 1987, ch. 253, § 79; 2013, ch. 225, § 62; 2019, ch. 237, § 10; 2020, ch. 11, § 39.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased affiliated public employer contribution rates by .5 percent each year for four years; in the introductory clause, after "shall contribute", deleted "nineteen and fifteen-hundredths percent" and added "the following percentages"; and added Subsections A through E.
The 2019 amendment,
effective July 1, 2019, increased employer contribution rates to the funds included under the Public Employees Retirement Act; after "shall contribute", deleted "eighteen and nine-tenths" and added "nineteen and fifteen-hundredths", and after "member coverage plan 4", deleted "except that, from July 1, 2013 through June 30, 2014, the affiliated public employer contribution rate shall be eighteen and one-half percent of the salary of each member".
The 2013 amendment,
effective July 1, 2013, increased the employer contribution rate; after "contribute eighteen and", deleted "one-half" and added "nine-tenths"; and after "coverage plan 4", added the remainder of the sentence.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-80 - Municipal police member coverage plan 5; applicability.

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 majority of the affiliated public employer's municipal police members. The election shall be conducted by the affiliated public employer. The certification shall be in the form prescribed by the retirement board. The election procedures shall afford all municipal police members of the affiliated public employer an opportunity to vote. An election adopting municipal police member coverage plan 5 for a given affiliated public employer is irrevocable for the purpose of subsequently adopting a coverage plan which would decrease employer or employee contributions with respect to all current and future municipal police members of that affiliated public employer.
History:
Laws 1987, ch. 253, § 80; 1989, ch. 79, § 4.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-81 - Municipal police member coverage plan 5; age and 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 of credited service;
(2) age sixty-four years and eight or more years of credited service;
(3) age sixty-three years and eleven or more years of credited service;
(4) age sixty-two years and fourteen or more years of credited service;
(5) age sixty-one years and seventeen or more years of credited service; or
(6) any age and twenty or more years of credited service; and
B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:
(1) age sixty years or older and five or more years of service credit; or
(2) any age and twenty-five or more years of service credit.
History:
Laws 1987, ch. 253, § 81; 2013, ch. 225, § 63; 2020, ch. 11, § 40.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, changed the service credit requirement for certain retirees; and in Subsection B, Paragraph B(1), after "older and", deleted "six" and added "five".
The 2013 amendment,
effective July 1, 2013, increased the age and service requirements for normal retirement of members who retire after June 30, 2013; in Subsection A, in the introductory sentence, added "for a member who was a retired member or a member on June 30, 2013"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-82 - Municipal police member coverage plan 5; amount of pension; form of payment A.

Under municipal police member coverage plan 5:
A. for a member with age and service requirements provided under Subsection A of Section 10-11-81 NMSA 1978, the amount of pension under form of payment A is equal to three and one-half percent of the final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary; and
B. for a member with age and service requirements provided under Subsection B of Section 10-11-81 NMSA 1978, 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 1987, ch. 253, § 82; 2013, ch. 225, § 64; 2023, ch. 53, § 12.
ANNOTATIONS
The 2023 amendment,
effective June 16, 2023, increased the maximum amount of pension that a municipal police member under coverage plan 5 is permitted to earn; and in Subsections A and B, after "shall not exceed", deleted "ninety" and added "one hundred".
Applicability.
— The provisions of Laws 2023, ch. 53, § 19 apply to credited service performed after June 16, 2023. Any credited service performed or amount of pension earned prior to June 16, 2023 shall not be calculated or adjusted to conform to the provisions of Laws 2023, ch. 53.
The 2013 amendment,
effective July 1, 2013, increased the maximum pension benefit; decreased the pension benefit for employees who become members after June 30, 2013; in Subsection A, in the first sentence, added "for a member with age and service requirements provided under Subsection A of Section 10-11-81 NMSA 1978" and in the second sentence, after "shall not exceed", deleted "eighty" and added "ninety"; and added Subsection B.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-83 - Repealed.

History:
Laws 1987, ch. 253, § 83; repealed by Laws 2009, ch. 288, § 20.
ANNOTATIONS
Repeals.
— Laws 2009, ch. 288, § 20 repealed 10-11-83 NMSA 1978, as enacted by Laws 1987, ch. 253, § 83, relating to municipal police member coverage plan 5, final average salary, effective July 1, 2011. For provisions of former section,
see
the 2010 NMSA 1978 on
NMOneSource.com.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-84 - Municipal police member coverage plan 5; member contribution rate.

A member under municipal police member coverage plan 5 shall contribute sixteen and three-tenths percent of salary starting with the first full pay period in the calendar month in which municipal police member coverage plan 5 becomes applicable to the member, except that a member whose annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute:
A. prior to July 1, 2022, seventeen and eight-tenths percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, eighteen and three-tenths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, eighteen and eight-tenths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, nineteen and three-tenths percent of salary; and
E. beginning July 1, 2025 and thereafter, nineteen and eight-tenths percent of salary.
History:
Laws 1987, ch. 253, § 84; 2013, ch. 225, § 65; 2020, ch. 11, § 41.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased member contribution rates by .5 percent each year for four years for members whose annual salary is greater than twenty-five thousand dollars, and increased the salary amount applicable to the increased member contribution rate; in the introductory clause, after "greater than", deleted "twenty thousand dollars ($20,000)" and added "twenty-five thousand dollars ($25,000)", and after "shall contribute", deleted "seventeen and eight-tenths percent of salary"; and added Subsections A through E.
The 2013 amendment,
effective July 1, 2013, increased the employee contribution rate for employees earning more than twenty thousand dollars in salary annually; deleted the entire section, which provided for employee contributions at a rate of sixteen and three-tenths percent of salary; and added the current language.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.
2023 New Mexico Statutes › Chapter 10 - Public Officers and Employees › Article 11 - Retirement of Public Officers and Employees Generally › Section 10-11-85 - Municipal police member coverage plan 5; affiliated 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 5:
A. prior to July 1, 2022, nineteen and fifteen-hundredths percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, nineteen and sixty-five hundredths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, twenty and fifteen-hundredths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, twenty and sixty-five hundredths percent of salary; and
E. beginning July 1, 2025 and thereafter, twenty-one and fifteen-hundredths percent of salary.
History:
Laws 1987, ch. 253, § 85; 2013, ch. 225, § 66; 2019, ch. 237, § 11; 2020, ch. 11, § 42.
ANNOTATIONS
The 2020 amendment,
effective July 1, 2020, increased affiliated public employer contribution rates by .5 percent each year for four years; in the introductory clause, after "shall contribute", deleted "nineteen and fifteen-hundredths percent" and added "the following percentages"; and added Subsections A through E.
The 2019 amendment,
effective July 1, 2019, increased employer contribution rates to the funds included under the Public Employees Retirement Act; after "shall contribute", deleted "eighteen and nine-tenths" and added "nineteen and fifteen-hundredths", and after "member coverage plan 5", deleted "except that, from July 1, 2013 through June 30, 2014, the affiliated public employer contribution rate shall be eighteen and one-half percent of the salary of each member".
The 2013 amendment,
effective July 1, 2013, increased the employer contribution rate; after "contribute eighteen and", deleted "one-half" and added "nine-tenths"; and after "coverage plan 5", added the remainder of the sentence.
Severability.
— Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.