0001| HOUSE BILL 73 | 0002| 43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998 | 0003| INTRODUCED BY | 0004| GARY K. KING | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| RELATING TO STATE POLICE RETIREMENT; PROVIDING FOR INCREASE TO | 0012| ACTUAL CREDITED SERVICE FOR MEMBERS UNLESS THEY HOLD AN EXEMPT | 0013| RANK ABOVE CAPTAIN; AMENDING SECTION 10-11-27 NMSA 1978 (BEING | 0014| LAWS 1987, CHAPTER 253, SECTION 27). | 0015| | 0016| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0017| Section 1. Section 10-11-27 NMSA 1978 (being Laws 1987, | 0018| Chapter 253, Section 27) is amended to read: | 0019| "10-11-27. STATE POLICE MEMBER COVERAGE PLAN 1-- | 0020| APPLICABILITY.--State police member coverage plan 1 is | 0021| applicable to state police members who are not specifically | 0022| covered by another coverage plan. The credited service of a | 0023| state police member [who has held the permanent rank of | 0024| patrolman or sergeant and does not hold an exempt rank or who | 0025| is assigned to the aircraft division as a pilot] shall have |
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0001| actual credited service increased by twenty percent for the | 0002| purposes of state police member coverage plan 1, except that | 0003| during periods when a state police member holds an exempt rank | 0004| above the rank of captain, actual credited service shall not | 0005| be increased unless the state police member is assigned as a | 0006| pilot." | 0007| Section 2. EFFECTIVE DATE.--The effective date of the | 0008| provisions of this act is July 1, 1998. | 0009|  | 0010| | 0011| |