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 10-11-55 - Municipal general member coverage plan 2; affiliated public employer contribution rate.

Section 10-11-55 - Municipal general member coverage plan 2; affiliated public employer contribution rate.

10-11-55. Municipal general member coverage plan 2; affiliated public employer contribution rate.

An affiliated public employer shall contribute nine and fifteen one-hundredths percent of the salary of each member which it employs and who is covered under municipal general member coverage plan 2.