Section 10-11-107 - Municipal fire member coverage plan 4; final average salary. (Repealed effective July 1, 2011.) - New-mexico Statutes

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10-11-107. Municipal fire member coverage plan 4; final average salary. (Repealed effective July 1, 2011.)

Under municipal fire member coverage plan 4, the final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive months of credited service. Under municipal fire member coverage plan 4, if a member has less than thirty-six months of credited service, the final average salary is the aggregate amount of salary paid a member for the member's period of credited service divided by the member's credited service.

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-107

10-11-107. Municipal fire member coverage plan 4; final average salary. (Repealed effective July 1, 2011.)

Under municipal fire member coverage plan 4, the final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive months of credited service. Under municipal fire member coverage plan 4, if a member has less than thirty-six months of credited service, the final average salary is the aggregate amount of salary paid a member for the member's period of credited service divided by the member's credited service.

State Codes and Statutes

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State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-107

10-11-107. Municipal fire member coverage plan 4; final average salary. (Repealed effective July 1, 2011.)

Under municipal fire member coverage plan 4, the final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive months of credited service. Under municipal fire member coverage plan 4, if a member has less than thirty-six months of credited service, the final average salary is the aggregate amount of salary paid a member for the member's period of credited service divided by the member's credited service.