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Current as of May 06, 2021 | Updated by FindLaw Staff
The affiliated public employer shall contribute the following percentages of the salary of each member under municipal detention officer member coverage plan 1 starting with the first pay period that ends within the calendar month in which municipal detention officer member coverage plan 1 becomes applicable to the member:
A. prior to July 1, 2022, seventeen and three-tenths percent of salary;
B. beginning July 1, 2022 and continuing through June 30, 2023, seventeen and eight-tenths percent of salary;
C. beginning July 1, 2023 and continuing through June 30, 2024, eighteen and three-tenths percent of salary;
D. beginning July 1, 2024 and continuing through June 30, 2025, eighteen and eight-tenths percent of salary; and
E. beginning July 1, 2025 and thereafter, nineteen and three-tenths percent of salary.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 10. Public Officers and Employees § 10-11-115.6. Municipal detention officer member coverage plan 1; employer contribution rate - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-10-public-officers-and-employees/nm-st-sect-10-11-115-6/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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