New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 80 - PUBLIC EMPLOYEES RETIREMENT
Part 700 - NORMAL RETIREMENT
Section 2.80.700.30 - ANNUAL COMPENSATION
Universal Citation: 2 NM Admin Code 2.80.700.30
Current through Register Vol. 35, No. 18, September 24, 2024
Notwithstanding any provision of the PERA Act and regulations, the annual compensation of each member that is taken into account under the plan, including for benefit calculation purposes, for any year does not exceed the limit specified in Internal Revenue Code Section 401(a)(17).
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