summary
Introduced
02/01/2021
02/01/2021
In Committee
03/16/2021
03/16/2021
Crossed Over
03/11/2021
03/11/2021
Passed
03/19/2021
03/19/2021
Dead
Signed/Enacted/Adopted
03/19/2021
03/19/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO PUBLIC EMPLOYEE RETIREMENT; INCLUDING CERTAIN STATE POLICE DIVISION OFFICERS UNDER THE STATE POLICE MEMBER, CORRECTIONAL OFFICER MEMBER AND PROBATION AND PAROLE OFFICER MEMBER COVERAGE PLAN 1; PROVIDING FOR AN ELECTION PERTAINING TO THE ADOPTION OF THE STATE POLICE MEMBER, CORRECTIONAL OFFICER MEMBER AND PROBATION AND PAROLE OFFICER MEMBER COVERAGE PLAN 1; PROVIDING FOR THE ADJUSTMENT OF CERTAIN SERVICE CREDIT EARNED PRIOR TO THE ADOPTION OF THE STATE POLICE MEMBER, CORRECTIONAL OFFICER MEMBER AND PROBATION AND PAROLE OFFICER MEMBER COVERAGE PLAN 1; MAKING APPROPRIATIONS.
AI Summary
This bill proposes to include certain state police division officers under the State Police Member, Correctional Officer Member, and Probation and Parole Officer Member Coverage Plan 1 of the Public Employees Retirement Act. It provides for an election for state police members currently contributing under the State General Member Coverage Plan 3 to adopt the new coverage plan, and adjusts their credited service under the new plan to include service since July 1, 2015. The bill also makes an appropriation and sets the effective date as July 1, 2021.
Committee Categories
Budget and Finance, Health and Social Services, Military Affairs and Security
Sponsors (2)
Last Action
Signed by Governor - Chapter 36 - Apr. 5 (on 03/19/2021)
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=315&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/final/SB0315.pdf |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0315.pdf |
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