New Mexico Statutes Chapter 10. Public Officers and Employees § 10-13A-2. Definitions

A. “association” means the public employees retirement association of New Mexico;

B. “board” means the retirement board provided for in the Public Employees Retirement Act or the educational retirement board;

C. “educational retirement system” means that retirement system provided for in the Educational Retirement Act;

D. “eligible reciprocal service credit” means a minimum of one month of service credit under any state system as calculated according to the retirement act applicable to the member;

E. “former member” means a person who was previously employed by an employer covered by a state system, who has terminated that employment and who has received a refund of member contributions;

F. “judicial retirement system” means that retirement system provided for in the Judicial Retirement Act;

G. “magistrate retirement system” means that retirement system provided for in the Magistrate Retirement Act;

H. “member” means:

I. “member contributions” means the amounts deducted from the salary of a member and credited to the member's individual account in a state system, together with interest, if any, credited to that account;

J. “pension” means a series of monthly payments to a retired member or survivor beneficiary as defined and provided in the Educational Retirement Act, the Public Employees Retirement Act, the Magistrate Retirement Act or the Judicial Retirement Act;

K. “public employees retirement system” means that retirement system provided for in the Public Employees Retirement Act;

L. “retire” means to:

M. “salary” means the member's salary as defined under the applicable retirement act; and

N. “state system” means a retirement program provided for in the Educational Retirement Act, the Public Employees Retirement Act, the Magistrate Retirement Act or the Judicial Retirement Act.