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§ 10-13a-2 — New Mexico Law | CourtGPT
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  6. § 10-13a-2
New Mexico Legal Code

§ 10-13a-2

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As used in the Public Employees Retirement Reciprocity Act: A. 'association' means the public employees retirement association of New Mexico; B. 'board' means the retirement board provided for in the Public Employees Retirement Act [Chapter 10, Article 11 NMSA 1978] or the educational retirement board; C. 'educational retirement system' means that retirement system provided for in the Educational Retirement Act [Chapter 22, Article 11 NMSA 1978]; D. 'eligible reciprocal service credit' means a minimum of one month of service credit under any state system as calculated according to the retirement act applicable to the member; E. 'former member' means a person who was previously employed by an employer covered by a state system, who has terminated that employment and who has received a refund of member contributions; F. 'judicial retirement system' means that retirement system provided for in the Judicial Retirement Act [Chapter 10, Article 12B NMSA 1978]; G. 'magistrate retirement system' means that retirement system provided for in the Magistrate Retirement Act [Chapter 10, Article 12C NMSA 1978]; H.

etirement Act [Chapter 10, Article 12B NMSA 1978]; G. 'magistrate retirement system' means that retirement system provided for in the Magistrate Retirement Act [Chapter 10, Article 12C NMSA 1978]; H. 'member' means: (1) a currently employed, contributing employee of an employer covered by a state system; or (2) a person who has been but is not currently employed by an employer covered by a state system, who has not retired and who has not received a refund of member contributions from the state system under which he was covered; I. 'member contributions' means the amounts deducted from the salary of a member and credited to the member's individual account in a state system, together with interest, if any, credited to that account; J. 'pension' means a series of monthly payments to a retired member or survivor beneficiary as defined and provided in the Educational Retirement Act, the Public Employees Retirement Act, the Magistrate Retirement Act or the Judicial Retirement Act; K. 'public employees retirement system' means that retirement system provided for in the Public Employees Retirement Act; L.

irement Act, the Magistrate Retirement Act or the Judicial Retirement Act; K. 'public employees retirement system' means that retirement system provided for in the Public Employees Retirement Act; L. 'retire' means to: (1) terminate employment with all employers covered by any state system; and (2) receive a pension benefit from one state system; M. 'salary' means the member's salary as defined under the applicable retirement act; and N. 'state system' means a retirement program provided for in the Educational Retirement Act, the Public Employees Retirement Act, the Magistrate Retirement Act or the Judicial Retirement Act. History: 1978 Comp., § 10-13A-2, enacted by Laws 1992, ch. 116, § 14; 1993, ch. 279, § 1. ANNOTATIONSThe 1993 amendment, effective July 1, 1993, added Subsection K, redesignating Subsections K through M as Subsections L through N; rewrote Subsections B and D and Subsection M; inserted 'who has' in Subsection E; and inserted 'Educational Retirement Act, the' in Subsection J and Subsection N.