LegalFix

Section 10-11-26.2 - State general member coverage plan 3; age and service credit requirements for normal retirement.

NM Stat § 10-11-26.2 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A. Under state general member coverage plan 3:

(1) for a member who on or before June 30, 2013 was a peace officer and for a member who is not a peace officer but was a retired member or a member on June 30, 2013, the age and service credit requirements for normal retirement are:

(a) age sixty-five years or older and five or more years of service credit;

(b) age sixty-four years and eight or more years of service credit;

(c) age sixty-three years and eleven or more years of service credit;

(d) age sixty-two years and fourteen or more years of service credit;

(e) age sixty-one years and seventeen or more years of service credit;

(f) age sixty years and twenty or more years of service credit; or

(g) any age and twenty-five or more years of service credit;

(2) for a member who is not a peace officer and was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:

(a) age sixty-five years or older and eight or more years of service credit; or

(b) any age if the member has eight or more years of service credit and the sum of the member's age and years of service credit equals at least eighty-five; and

(3) for a member who on or after July 1, 2013 becomes a peace officer and who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:

(a) age sixty years or older and six or more years of service credit; or

(b) any age and twenty-five or more years of service credit.

B. As used in this section, "peace officer" means any employee of the state with a duty to maintain public order or to make arrests for crime, whether that duty extends to all crimes or is limited to specific crimes, and who is not specifically covered by another coverage plan.

History: Laws 1994, ch. 128, § 3; 2009, ch. 288, § 6; 2013, ch. 225, § 10.

The 2013 amendment, effective July 1, 2013, increased the age and service requirements for normal retirement; in Paragraph (1) of Subsection A, in the introductory sentence, after "a member who", deleted "is" and added "on or before June 30, 2013" and after "a member on June 30", deletes "2010" and added "2013"; in Paragraph (2) of Subsection A, in the introductory sentence, after "a member on June 30", deleted "2010" and added "2013", in Subparagraph (a), after "age", deleted "sixty-seven" and added "sixty-five" and after "older and", deleted "five" and added "eight", and in Subparagraph (b), after "any age if", added "the member has eight of more years of service credit and" and after "equals at least", deleted "eighty" and added "eighty five", and deleted former Subparagraph (c), which provided "any age and thirty or more years of service credit"; and added Paragraph (3).

Severability. — Laws 2013, ch. 225, § 93 provided that if any part or application of Laws 2013, ch. 225 is held invalid, the remainder or its application to other situations or persons shall not be affected.

The 2009 amendment, effective July 1, 2011, added Paragraph (1) of Subsection A, but not Subparagraphs (a) through (g) of Paragraph (1); added Paragraph (2) of Subsection A; and added Subsection B.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
Section 10-11-26.2 - State general member coverage plan 3; age and service credit requirements for normal retirement.