Across our country, many who serve in the legislator and as state representatives get paid for their service, unless you serve New Mexico. Although this fact doesn’t sound great or ideal, there is a payoff for anyone serving in the legislator. The plan is simple: If a legislator serves for a minimum of 10 years, they receive the “gold retirement plan” This retirement plan currently pays out hundreds of thousands of dollars to each legislator after 10 years of service, allowing them to retire with great financial stability.
The legislator currently decided on a new plan called the “platinum retirement plan,” allowing those serving for 10+ years to get a raise upon their exit with even more money. This new plan was approved and will go into effect almost immediately. So how much money will they be getting now? Read more HERE, the answer will definitely shock you!