State contributions to the pension trust fund and the supplementary trust fund shall be appropriated as a part of the annual operating budget of the state police. Contributions to the funds shall be in an amount necessary to prevent any actuarial deterioration of the fund as determined by an annual actuarial investigation. Termination of the trust and liquidation of the funds shall be effected only by specific legislative act.
History: 1978 Comp., § 29-4-4 enacted by Laws 1980, ch. 8, § 1.
ANNOTATIONSRepeals and reenactments. — Laws 1980, ch. 8, § 1, repealed former 29-4-4 NMSA 1978, relating to state appropriations to the state police pension trust fund and supplementary trust fund, and enacted a new section.