Section 10-11-35 - State hazardous duty member coverage plan 1; amount of pension; form of payment A. - New Mexico Statutes

10-11-35. State hazardous duty member coverage plan 1; amount of pension; form of payment A.

Under state hazardous duty member coverage plan 1, the amount of pension under form of payment A is equal to two and one-half percent of final average salary multiplied by credited service. The amount shall not exceed one hundred percent of the final average salary.