N.M. Admin. Code § 2.84.1100.30

Current through Register Vol. 35, No. 20, October 22, 2024

Section 2.84.1100.30 - REINSTATEMENT OF PENSION

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.

N.M. Admin. Code § 2.84.1100.30

10-15-97; 2.84.1100.30 NMAC - Rn & A, 2 NMAC 84.1100.30, 12-28-00

Adopted by New Mexico Register, Volume XXVI, Issue 12, June 30, 2015, eff. 7/1/2015