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 10-11-43.4 - State legislator member coverage plan 2; member contribution rate.

Section 10-11-43.4 - State legislator member coverage plan 2; member contribution rate.

10-11-43.4. State legislator member coverage plan 2; member contribution rate.

A member under state legislator member coverage plan 2 shall contribute an amount equal to five hundred dollars ($500) for each year of credited service less the amount of any prior contributions made by the member for that credited service.