New Mexico § 10-7-18 - Status of salary reduction
Full text of New Mexico New Mexico Statutes Annotated § 10-7-18 — Status of salary reduction, with citation guidance and answers to common questions.
§ 10-7-18. Status of salary reduction
A. The amount by which an eligible public employee's salary is reduced pursuant to
a salary reduction agreement shall continue to be included as compensation for the
purpose of computing retirement benefits under the Public Employees Retirement Act,
the Educational Retirement Act and the Judicial Retirement Act; provided this inclusion
does not conflict with federal law, including federal regulations, pertaining to the
Federal Insurance Contributions Act 1 or to Internal Revenue Code, Section 125 pertaining to cafeteria plans. B. The amount by which an eligible public employee's salary is reduced pursuant to
a salary reduction agreement shall not be considered as gross income for purposes
of computing New Mexico income tax, state unemployment tax and state worker's compensation
and federal income taxes to be withheld and paid on behalf of the employee. 1
26 U.S.C.A. § 3101 et seq.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 10-7-18
What does New Mexico Statutes Annotated § 10-7-18 cover?
Section 10-7-18 ("Status of salary reduction") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 10-7-18?
A common citation format is "New Mexico Statutes Annotated § 10-7-18" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 10-7-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.