New Mexico Statutes 10-11-17. State general member coverage plan 1; amount of normal requirements for normal retirement; form of payment A
Current as of: 2023 | Check for updates
|
Other versions
Under state general member coverage plan 1, the amount of a normal retirement pension under form of payment A is equal to two percent of final average salary multiplied by credited service. The amount shall not exceed sixty percent of final average salary.