New Mexico Statutes Chapter 10. Public Officers and Employees § 10-7-11. Accumulated sick leave prior to retirement; payment of certain excess amounts

Immediately prior to retirement from state service, an employee of the state who has accumulated six hundred hours of unused sick leave shall be entitled to be paid for additional unused sick leave at a rate equal to fifty percent of his hourly wage multiplied by the number of hours of unused sick leave over six hundred hours, not to exceed four hundred hours of such sick leave.