Section 10-11-14.6 - Calculation of final average salary. (Effective July 1, 2011.) - New Mexico Statutes

10-11-14.6. Calculation of final average salary. (Effective July 1, 2011.)

Under each coverage plan of the Public Employees Retirement Act [10-11-1 NMSA 1978], the final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive but not necessarily continuous months of service credit.