New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 84 - MAGISTRATE RETIREMENT
Part 1100 - RETIRED MEMBERS
Section 2.84.1100.30 - REINSTATEMENT OF PENSION

Universal Citation: 2 NM Admin Code 2.84.1100.30

Current through Register Vol. 35, No. 18, September 24, 2024

When a retired member is subsequently employed by an affiliated public employer, causing suspension of pension and resulting in re-establishment of PERA membership, that person will be eligible to reinstate his or her pension at the termination of the subsequent employment period under the following conditions:

A. the retired member's subsequent employer shall provide PERA with a certificate, in the form prescribed by PERA, of the date of termination of employment;

B. the pension shall be reinstated effective the first day of the month following the month of termination;

C. unless the Public Employees Retirement Reciprocity Act applies, the amount of the reinstated pension shall be the same amount as the suspended pension.

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