The state shall contribute eleven and forty-eight one-hundredths percent of the salary of each member under state general member coverage plan 1.
§ 10-11-20 NMSA 1978
State general member coverage plan 1; state contribution rate
Known as the Public Employees Retirement Act
The act spans §§ 10-11-1 to 10-11-99 (201 sections).
Laws 1987, ch. 253, § 20.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.