{"data":{"id":"us-nm/22-11-37","jurisdiction":"us-nm","citation":"22-11-37","heading":"Disability benefit.","body":"A. The annual disability benefit shall be equal to two percent of the member's average annual salary multiplied by the number of years of the member's total service-credit if the result is greater than one-third of the member's average annual salary. If the result of that formula is less than one-third of the member's average annual salary, the annual disability benefit shall be equal to the lesser of the following amounts:\n(1) two percent of the member's average annual salary multiplied by the sum of the member's total service-credit plus the number of years, calculated to the nearest completed quarter, from the effective date of the member's disability to the member's sixtieth birthday; or\n(2) one-third of the member's average annual salary.\nB. A member's average annual salary for the purpose of computing disability benefits shall be the average salary for the last five years of employment or for any other consecutive five-year period for which contribution was made by the member, whichever is higher.\nC. The annual disability benefit shall be paid in equal monthly installments.","path":["Chapter 22 - Public Schools","ARTICLE 11 Educational Retirement"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18522/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"11409f9dda8521312326fe4dcee922a499fb0b804c03717b0487b20d29f7f061","source_id":"us-nm","stale":false,"prev":"us-nm/22-11-36","next":"us-nm/22-11-38"},"notice":"GroundRules: Original legal text. Not legal advice."}