{"data":{"id":"us-nm/10-11-55.3","jurisdiction":"us-nm","citation":"10-11-55.3","heading":"Municipal general member coverage plan 3; amount of pension; form of payment A.","body":"Under municipal general member coverage plan 3:\nA. for a member with age and service requirements provided under Subsection A of Section 10-11-55.2 NMSA 1978, the amount of pension under form of payment A is equal to three percent of the final average salary multiplied by credited service. 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 Subsection B of Section 10-11-55.2 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 credited service. 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":"10ccc7c11676564e27d685bffc5110c4d61f58f396c19aa2a38a9542c5c5495d","source_id":"us-nm","stale":false,"prev":"us-nm/10-11-55.2","next":"us-nm/10-11-55.4"},"notice":"GroundRules: Original legal text. Not legal advice."}