NM HB43

State fire members become eligible to accrue service credit while on approved workers' compensation leave for injuries sustained in inherently dangerous circumstances, with retroactive application to leave taken before the bill's effective date

Public Employees Retirement Association authorized to share member file information with the Educational Retirement Board for administering reciprocity provisions between the two retirement systems

Clarifies that disability retirement pension amounts are calculated using actual service credit, with service credit requirements waived for duty-related disabilities that impute minimum service credit needed for normal retirement

Removes inconsistencies in survivor pension provisions by clarifying that designated survivor beneficiaries or eligible surviving spouses receive benefits when a member dies in the line of duty, with pension amounts equal to the greater of the calculated coverage plan amount or 50% of final average salary

Retired members serving as magistrates must pay member and employer contributions but cannot accrue service credit, purchase additional credit, or retire again under the Magistrate Retirement Act