Section 10-11-26.4 - State general member coverage plan 3; final average salary. (Repealed effective July 1, 2011.) - New Mexico Statutes

10-11-26.4. State general member coverage plan 3; final average salary. (Repealed effective July 1, 2011.)

Under state general member coverage plan 3, 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. Under state general member coverage plan 3, if a member has less than thirty-six months of service credit, the final average salary is the aggregate amount of salary paid a member for the member's period of service credit divided by the member's service credit.