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NEW MEXICO STATUTES AND CODES
Section 10-11-46 - Municipal general member coverage plan 1; amount of pension; form of payment A.
10-11-46. Municipal general member coverage plan 1; amount of pension; form of payment A.
Under municipal general member coverage plan 1, the amount of pension under form of payment A is equal to two percent of the final average salary multiplied by credited service. The amount shall not exceed sixty percent of the final average salary.
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