Statutes > New Mexico Statutes > Chapter 10 - Public Officers and Employees. > Article 11 - Retirement of Public Officers and Employees Generally, 10-11-1 through 10-11-142. > Section 10-11-14.6 - Calculation of final average salary. (Effective July 1, 2011.)

Section 10-11-14.6 - Calculation of final average salary. (Effective July 1, 2011.)

10-11-14.6. Calculation of final average salary. (Effective July 1, 2011.)

Under each coverage plan of the Public Employees Retirement Act [10-11-1 NMSA 1978], 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.