The state shall contribute twenty-five and one-half percent of the salary of each member under state public safety member coverage plan 1.
§ 10-11-32 NMSA 1978
State public safety 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, § 32; 2003, ch. 268, § 15; 2009, ch. 127, § 4; 2011, ch. 178, § 4; 2013, ch. 225, § 19; 2020, ch. 11, § 12; 2024, ch. 52, § 7.
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.