A. Every local public body that is an affiliated public employer under the Public Employees Retirement Act [Chapter 10, Article 11 NMSA 1978] and that provides a group health insurance plan to its employees by any method shall offer such insurance to any retiree who was immediately prior to retirement an employee of that affiliated public employer, is a retired member under the Public Employees Retirement Act and upon retirement wishes to continue to be insured under that affiliated public employer's health insurance plan.
B. Every local public body that is an affiliated public employer under the Public Employees Retirement Act and that provides a group life insurance plan to its employees by any method may offer to any employee retiring after July 1, 1990, a life insurance plan to such retiree who was immediately prior to retirement an employee of that affiliated public employer, is a retired member under the Public Employees Retirement Act and upon retirement wishes to be insured under that affiliated public employer's life insurance plan for retirees. Premiums may be paid by deduction from the retirement warrant of the retired employee.
C. Each of those affiliated public employers shall also offer such health insurance to the survivors of individuals who immediately prior to retirement were employees of that affiliated public employer who are survivor pension beneficiaries under the Public Employees Retirement Act and who wish to continue to be insured under that affiliated public employer's health insurance plan upon the employee's death.
History: Laws 1989, ch. 347, § 1; 1990, ch. 128, § 1.
Cross references. — For right of continuation in plan after retirement or death, see 10-11-121 NMSA 1978.
Structure New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 7 - Compensation and Working Conditions Generally
Section 10-7-2 - Salaries and wages; rules; direct deposit.
Section 10-7-3 - [Inapplicability of act.]
Section 10-7-4 - Group insurance; cafeteria plan; contributions from public funds.
Section 10-7-4.1 - Children, youth and families department; group life insurance.
Section 10-7-5 - [Premiums; deduction from salaries.]
Section 10-7-5.1 - Local public bodies; group health and group life insurance.
Section 10-7-6 - [Repeal and saving clause.]
Section 10-7-7 - [Old-age benefits under Social Security Act.]
Section 10-7-8 - Annuities and deferred compensation plans; reductions from gross salaries.
Section 10-7-9 - Minimum salary rate.
Section 10-7-10 - Accumulated sick leave; payment of certain excess amounts.
Section 10-7-11 - Accumulated sick leave prior to retirement; payment of certain excess amounts.
Section 10-7-12 - Government cost savings incentive award.
Section 10-7-13 - Leave; coordination with workmen's compensation benefits.
Section 10-7-14 - Short title.
Section 10-7-15 - Definitions.
Section 10-7-16 - Cafeteria plan; optional.
Section 10-7-17 - Salary reduction agreements.
Section 10-7-18 - Status of salary reduction.
Section 10-7-19 - Applicability to deferred compensation plans.
Section 10-7-20 - Qualified transportation fringe benefit.
Section 10-7-21 - Undercover agents; life insurance benefits.