Section 10-11-113 - Municipal fire member coverage plan 5; final average salary. (Repealed effective July 1, 2011.) - New Mexico Statutes

10-11-113. Municipal fire member coverage plan 5; final average salary. (Repealed effective July 1, 2011.)

Under municipal fire member coverage plan 5, the final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive months of credited service. Under municipal fire member coverage plan 5 if a member has less than thirty-six months of credited service, the final average salary is the aggregate amount of salary paid a member for the member's period of credited service divided by the member's credited service.