Statutes > New Mexico Statutes > Chapter 3 - Municipalities. > Article 18 - Powers of Municipalities, 3-18-1 through 3-18-32. > Section 3-18-28 - Municipal employees' retirement system.

Section 3-18-28 - Municipal employees' retirement system.

3-18-28. Municipal employees' retirement system.

A municipality may enter into contracts with private insurance companies to establish a retirement system for its employees.