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Section 10-11-16 - State general member coverage plan 1; age and service requirements for normal retirement.

NM Stat § 10-11-16 (2019) (N/A)
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Under state general member coverage plan 1, the age and service requirements for normal retirement are:

A. age sixty-five years or older and five or more years of credited service;

B. age sixty-four years and eight or more years of credited service;

C. age sixty-three years and eleven or more years of credited service;

D. age sixty-two years and fourteen or more years of credited service;

E. age sixty-one years and seventeen or more years of credited service;

F. age sixty years and twenty or more years of credited service; or

G. any age and twenty-five or more years of credited service.

History: Laws 1987, ch. 253, § 16.

Repeals and reenactments. — Laws 1987, Chapter 253 repealed former 10-11-16 NMSA 1978, as amended by Laws 1970, ch. 56, § 1, relating to time served as judge or justice, and enacted a new section, effective July 1, 1987.

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