State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-70

10-11-70. Municipal police member coverage plan 3; amount of pension; form of payment A.

Under municipal police member coverage plan 3, 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.   

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-70

10-11-70. Municipal police member coverage plan 3; amount of pension; form of payment A.

Under municipal police member coverage plan 3, 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.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11 > Section-10-11-70

10-11-70. Municipal police member coverage plan 3; amount of pension; form of payment A.

Under municipal police member coverage plan 3, 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.