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 10-11-49 - Municipal general member coverage plan 1; affiliated public employer contribution rate.

Section 10-11-49 - Municipal general member coverage plan 1; affiliated public employer contribution rate.

10-11-49. Municipal general member coverage plan 1; affiliated public employer contribution rate.

An affiliated public employer shall contribute seven percent of the salary of each member which it employs and who is covered under municipal general member coverage plan 1.