PASS - SGND BY GOV - Chapter 14
Summary
The bill revises New Mexico’s public‑employee retirement statutes, creating a disability review committee, clarifying survivor pension eligibility and amounts, and allowing service credit for members on approved workers’ compensation leave. It also sets pension formulas, restricts gifts to board members, protects pension assets from most legal actions, and updates magistrate retirement membership rules. The changes aim to make pension administration clearer and ensure benefits for disabled or deceased members and their families.
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