This bill amends the Public Employees Retirement Act to create a new category of membership known as the "state law enforcement instructor member," which includes individuals employed by the New Mexico law enforcement academy who provide training under the Law Enforcement Training Act. The bill also incorporates state law enforcement instructor members into the State Public Safety Member Coverage Plan 1, which previously included state police members, adult correctional officers, adult probation and parole officers, juvenile probation and parole officers, and state fire members. The definition of "member" is updated to include this new category, and the credited service for state law enforcement instructor members will be increased by twenty percent for service accrued after July 1, 2025.

Additionally, the bill mandates that an election be held by the retirement board on or before June 30, 2025, to allow state law enforcement instructor members to vote on the adoption of the State Public Safety Member Coverage Plan 1. This ensures that the new members have a say in their retirement coverage and benefits. The bill reflects a commitment to enhancing the retirement benefits for public safety personnel, including those who play a crucial role in training law enforcement officers in New Mexico.

Statutes affected:
introduced version: 10-11-2, 10-11-27