summary
Introduced
01/19/2021
01/19/2021
In Committee
03/11/2021
03/11/2021
Crossed Over
03/08/2021
03/08/2021
Passed
03/15/2021
03/15/2021
Dead
Signed/Enacted/Adopted
03/15/2021
03/15/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO PUBLIC EMPLOYEE RETIREMENT; INCLUDING OVERTIME PAY REQUIRED FOR A REGULAR SCHEDULED TOUR OF DUTY IN THE DEFINITION OF "SALARY" IN THE PUBLIC EMPLOYEES RETIREMENT ACT; INCREASING EMPLOYEE CONTRIBUTION RATES FOR ALL MUNICIPAL FIRE MEMBER COVERAGE PLANS.
AI Summary
This bill amends the Public Employees Retirement Act to include overtime pay required for a regular scheduled tour of duty in the definition of "salary" for public employee pension calculations. It also increases employee contribution rates for all municipal fire member coverage plans.
Committee Categories
Budget and Finance, Health and Social Services, Military Affairs and Security
Sponsors (1)
Last Action
Signed by Governor - Chapter 38 - Apr. 5 (on 03/15/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=90&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/final/SB0090.pdf |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0090.pdf |
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