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New Mexico · Through 2026-07-01

10-11-14.6: Calculation of final average salary.

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Where this section sits in the code
  1. Chapter 10 - Public Officers and Employees
  2. ARTICLE 11 Retirement of Public Officers and Employees Generally

Under the Public Employees Retirement Act:

A. for a member who was a member on June 30, 2013, the final average salary is one thirty-sixth of the greatest aggregate amount of salary paid a member for thirty-six consecutive, but not necessarily continuous, months of service credit; and

B. for a member who was not a member on June 30, 2013, the final average salary is one-sixtieth of the greatest aggregate amount of salary paid a member for sixty consecutive, but not necessarily continuous, months of service credit.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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