STATE STATUTES & CODES
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NEW MEXICO STATUTES AND CODES
Section 10-11-119 - Commencement, change and termination of a pension.
10-11-119. Commencement, change and termination of a pension.
A. A normal or disability pension shall commence the first day of the month following retirement. A preretirement survivor pension shall commence the first day of the month following the date of the death resulting in the pension. A postretirement survivor pension shall commence the first day of the month following the date of the death resulting in the pension.
B. Termination of payment of a pension shall occur at the end of the month in which the event causing termination occurs. Payment shall be made for the full month of termination.
C. A change in the amount of a pension shall occur the first day of the month following the date of the event causing the change.