State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-12b > Section-10-12b-17

10-12B-17. Suspension or forfeiture of benefits.

A.     If a member retires and is subsequently employed by any employer covered by any state system or the educational retirement system, the retired member's pension shall be suspended effective the first day of the month following the month in which the subsequent employment begins.  The suspended pension of a previously retired member shall resume and be effective the first day of the month following the month in which the member leaves office or terminates the subsequent employment.   

B.     The right to receive a pension pursuant to the provisions of the Judicial Retirement Act [10-12B-1 NMSA 1978] shall be forfeited if the member is removed from office pursuant to the provisions of Article 6, Section 32 of the constitution of New Mexico and the member's only entitlement from the fund shall be the refund of the member's own contributions.   

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-12b > Section-10-12b-17

10-12B-17. Suspension or forfeiture of benefits.

A.     If a member retires and is subsequently employed by any employer covered by any state system or the educational retirement system, the retired member's pension shall be suspended effective the first day of the month following the month in which the subsequent employment begins.  The suspended pension of a previously retired member shall resume and be effective the first day of the month following the month in which the member leaves office or terminates the subsequent employment.   

B.     The right to receive a pension pursuant to the provisions of the Judicial Retirement Act [10-12B-1 NMSA 1978] shall be forfeited if the member is removed from office pursuant to the provisions of Article 6, Section 32 of the constitution of New Mexico and the member's only entitlement from the fund shall be the refund of the member's own contributions.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-12b > Section-10-12b-17

10-12B-17. Suspension or forfeiture of benefits.

A.     If a member retires and is subsequently employed by any employer covered by any state system or the educational retirement system, the retired member's pension shall be suspended effective the first day of the month following the month in which the subsequent employment begins.  The suspended pension of a previously retired member shall resume and be effective the first day of the month following the month in which the member leaves office or terminates the subsequent employment.   

B.     The right to receive a pension pursuant to the provisions of the Judicial Retirement Act [10-12B-1 NMSA 1978] shall be forfeited if the member is removed from office pursuant to the provisions of Article 6, Section 32 of the constitution of New Mexico and the member's only entitlement from the fund shall be the refund of the member's own contributions.