State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11a > Section-10-11a-5

10-11A-5. Retirement benefits; eligibility.

A.     Any member who attains the age of fifty-five years and has twenty-five years or more of service credit shall be eligible to receive a retirement annuity of two hundred dollars ($200), payable monthly from the fund during the remainder of the member's life. 

B.     Any member who attains the age of fifty-five years and has at least ten but less than twenty-five years or more of service credit shall be eligible to receive a retirement annuity of one hundred dollars ($100), payable monthly from the fund during the remainder of the member's life.

C.     Any member who ceases to be a volunteer nonsalaried firefighter after completing at least ten but less than twenty-five years of service credit is eligible to receive upon attaining the age of fifty-five years a retirement annuity of one hundred dollars ($100), payable monthly from the fund during the remainder of the member's life.

D.     Any member who ceases to be a volunteer nonsalaried firefighter after completing twenty-five years of service credit is eligible to receive upon attaining the age of fifty-five years a retirement annuity of two hundred dollars ($200), payable monthly from the fund during the remainder of the member's life.

E.     Any member who qualifies for and receives a retirement annuity pursuant to this section may continue as an active member on the rolls of a fire department.  However, such member shall not accrue additional service credit for the purpose of increasing the amount of the member's retirement annuity.

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11a > Section-10-11a-5

10-11A-5. Retirement benefits; eligibility.

A.     Any member who attains the age of fifty-five years and has twenty-five years or more of service credit shall be eligible to receive a retirement annuity of two hundred dollars ($200), payable monthly from the fund during the remainder of the member's life. 

B.     Any member who attains the age of fifty-five years and has at least ten but less than twenty-five years or more of service credit shall be eligible to receive a retirement annuity of one hundred dollars ($100), payable monthly from the fund during the remainder of the member's life.

C.     Any member who ceases to be a volunteer nonsalaried firefighter after completing at least ten but less than twenty-five years of service credit is eligible to receive upon attaining the age of fifty-five years a retirement annuity of one hundred dollars ($100), payable monthly from the fund during the remainder of the member's life.

D.     Any member who ceases to be a volunteer nonsalaried firefighter after completing twenty-five years of service credit is eligible to receive upon attaining the age of fifty-five years a retirement annuity of two hundred dollars ($200), payable monthly from the fund during the remainder of the member's life.

E.     Any member who qualifies for and receives a retirement annuity pursuant to this section may continue as an active member on the rolls of a fire department.  However, such member shall not accrue additional service credit for the purpose of increasing the amount of the member's retirement annuity.


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-11a > Section-10-11a-5

10-11A-5. Retirement benefits; eligibility.

A.     Any member who attains the age of fifty-five years and has twenty-five years or more of service credit shall be eligible to receive a retirement annuity of two hundred dollars ($200), payable monthly from the fund during the remainder of the member's life. 

B.     Any member who attains the age of fifty-five years and has at least ten but less than twenty-five years or more of service credit shall be eligible to receive a retirement annuity of one hundred dollars ($100), payable monthly from the fund during the remainder of the member's life.

C.     Any member who ceases to be a volunteer nonsalaried firefighter after completing at least ten but less than twenty-five years of service credit is eligible to receive upon attaining the age of fifty-five years a retirement annuity of one hundred dollars ($100), payable monthly from the fund during the remainder of the member's life.

D.     Any member who ceases to be a volunteer nonsalaried firefighter after completing twenty-five years of service credit is eligible to receive upon attaining the age of fifty-five years a retirement annuity of two hundred dollars ($200), payable monthly from the fund during the remainder of the member's life.

E.     Any member who qualifies for and receives a retirement annuity pursuant to this section may continue as an active member on the rolls of a fire department.  However, such member shall not accrue additional service credit for the purpose of increasing the amount of the member's retirement annuity.