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| SPONSOR: | Russell | DATE TYPED: | 02/14/99 | HB | 635 | ||
| SHORT TITLE: | Municipal General Member Coverage Plan 4 | SB | |||||
| ANALYST: | Eaton | ||||||
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY99 | FY2000 | |||
| NFI | Non-Recurring | PERA Retirement | ||
(Parenthesis ( ) Indicate Revenue Decreases)
SOURCES OF INFORMATION
Public Employees Retirement Association of New Mexico (PERA)
SUMMARY
Synopsis of Bill
This bill would amend Section 10-11-55.7 NMSA 1978 by extending the period for adoption of municipal general member coverage plan 4 (retirement/pension) from July 1, 1999 to July 1, 2000.
FISCAL IMPLICATIONS
None.
JBE/gm