State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-115-3

10-11-115.3. Municipal detention officer member coverage plan 1; amount of pension; form of payment A.

Under municipal detention officer member coverage plan 1, 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 eighty percent of the final average salary.   

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-115-3

10-11-115.3. Municipal detention officer member coverage plan 1; amount of pension; form of payment A.

Under municipal detention officer member coverage plan 1, 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 eighty percent of the final average salary.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-115-3

10-11-115.3. Municipal detention officer member coverage plan 1; amount of pension; form of payment A.

Under municipal detention officer member coverage plan 1, 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 eighty percent of the final average salary.