{"data":{"id":"us-nm/10-11-26.3","jurisdiction":"us-nm","citation":"10-11-26.3","heading":"State general member coverage plan 3; amount of pension; form of payment A.","body":"Under state general member coverage plan 3:\nA. for a member with age and service requirements provided under Paragraph (1) or (3) of Subsection A of Section 10-11-26.2 NMSA 1978, the amount of pension under form of payment A is equal to three percent of final average salary multiplied by service credit. The amount shall not exceed one hundred percent of the final average salary; and\nB. for a member with age and service requirements provided under Paragraph (2) or (4) of Subsection A of Section 10-11-26.2 NMSA 1978, the amount of pension under form of payment A is equal to two and one-half percent of the final average salary multiplied by service credit. The amount shall not exceed one hundred percent of the final average salary.","path":["Chapter 10 - Public Officers and Employees","ARTICLE 11 Retirement of Public Officers and Employees Generally"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18510/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"e44811140f93712146a4385f15e68bbf3cd050742455e5086fc47c81524f2563","source_id":"us-nm","stale":false,"prev":"us-nm/10-11-26.2","next":"us-nm/10-11-26.4"},"notice":"GroundRules: Original legal text. Not legal advice."}