The board may select a deferred compensation plan that offers varied investment options to participating employees.
History: Laws 1981, ch. 155, § 6; 1985, ch. 161, § 4.
Cross references. — For types of plans which may be approved, see 10-7A-5 NMSA 1978.
Structure 2021 New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 7A - Deferred Compensation
Section 10-7A-1 - Short title.
Section 10-7A-2 - Definitions.
Section 10-7A-3 - Deferred compensation plan; state and local public employees.
Section 10-7A-4 - Deferred compensation plan; other participants.
Section 10-7A-5 - Deferred compensation plan; approval.
Section 10-7A-6 - Deferred compensation plans; investment options.
Section 10-7A-7 - Deferred compensation plan; state tax deferral.
Section 10-7A-8 - Deferred compensation plan; local public employee participation.
Section 10-7A-9 - Existing deferred compensation plans.
Section 10-7A-10 - Expenditure.
Section 10-7A-11 - Rule making; agreements.
Section 10-7A-12 - Division of funds as community property; notice requirement.