State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-12c > Section-10-12c-9

10-12C-9. Amount of pension.

The amount of pension is equal to one-twelfth of:   
 
seventy-five percent of salary                        (number of years of
received during last year            X      .05   X   service, not exceeding
in office prior to retirement                         fifteen years, + five
                                                       years). 

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-12c > Section-10-12c-9

10-12C-9. Amount of pension.

The amount of pension is equal to one-twelfth of:   
 
seventy-five percent of salary                        (number of years of
received during last year            X      .05   X   service, not exceeding
in office prior to retirement                         fifteen years, + five
                                                       years). 


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-10 > Article-12c > Section-10-12c-9

10-12C-9. Amount of pension.

The amount of pension is equal to one-twelfth of:   
 
seventy-five percent of salary                        (number of years of
received during last year            X      .05   X   service, not exceeding
in office prior to retirement                         fifteen years, + five
                                                       years).