HOUSE EXECUTIVE MESSAGE NO. 90
The Honorable Ben Lujan and
Members of the House of Representatives
Honorable Speaker and Members of the House:
I have this day VETOED and am
returning HOUSE BILL 29 enacted by the Forty-Fifth Legislature, First Session,
2001.
This legislation provides an incentive for public
school employees to work longer in their careers to increase their retirement
multiplier and in turn augment their retirement benefits. Although I support initiatives to encourage
experienced teachers to stay in the classroom, I do not feel this bill provides
the proper method to accomplish this goal.
The New Mexico Education Retirement Act provides teacher retirees with a
comparatively generous distribution, so this bill offers few educators a strong
enough incentive to consider staying in school.
I believe that the other bills I have signed into
law this session regarding education retirement better address the shortage of
teachers and the vacancies in schools.
Sincerely,
Gary E. Johnson
Governor
RECEIVED FROM THE OFFICE OF THE
GOVERNOR:
Time: _____________________ By:_____________________________
Secretary
of State
Date ______________________
Time:______________________
Date_______________________ By:_____________________________
Chief Clerk of the
House
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