Section 10-11-38.2 - Juvenile correctional officer member coverage plan 2; age and service credit requirements for normal retirement.

NM Stat § 10-11-38.2 (2019) (N/A)
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Under juvenile correctional officer member coverage plan 2:

A. for a member who was a retired member or a member on June 30, 2013, the age and service credit requirements for normal retirement are:

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

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

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

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

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

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

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

B. for a member who was not a retired member or a member on June 30, 2013, the age and service requirements for normal retirement are:

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

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

History: Laws 1994, ch. 128, § 10; 2013, ch. 225, § 26.

The 2013 amendment, effective July 1, 2013, increased the age and service requirements for normal retirement under member coverage plan 2 for juvenile correctional officers who were not retired or were members on June 30, 2013; at the beginning of the title, deleted "State hazardous duty" and added "Juvenile correctional officer"; at the beginning of the introductory sentence, after "Under", deleted "state hazardous duty" and added "juvenile correctional officer"; in Subsection A, in the introductory sentence, at the beginning of the sentence, added "for a member who was retired or a member on June 30, 2013"; and added Subsection B.

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.