The board shall prepare an annual report on the operation of the New Mexico work and save IRA program and the New Mexico retirement plan marketplace and shall provide the report to the governor, the state treasurer and appropriate legislative interim committees and shall make the report available to all program participants, participating employers and the general public.
History: Laws 2020, ch. 7, § 12; 2021, ch. 46, § 9.
The 2021 amendment, effective June 18, 2021, required the New Mexico work and save board to prepare an annual report on the operation of the New Mexico work and save IRA program and the New Mexico retirement plan marketplace, to provide the report to the governor, the state treasurer and appropriate legislative interim committees, and to make the report available to program participants, participating employers and the general public; and after "New Mexico work and save", added "IRA program and the New Mexico retirement plan marketplace and shall provide the report", and after "interim committees and", deleted "made" and added "shall make the report".
Structure New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 33 - New Mexico Work and Save
Section 58-33-1 - Short title.
Section 58-33-2 - Definitions.
Section 58-33-3 - Board created; organization.
Section 58-33-4 - Board; scope of authority; powers and duties.
Section 58-33-5 - Confidentiality of participant and account information; application of other laws.
Section 58-33-6 - Executive director; powers and duties.
Section 58-33-7 - Board and board employee requirements and prohibitions; conflicts of interest.
Section 58-33-8 - New Mexico retirement plan marketplace.
Section 58-33-9 - New Mexico work and save IRA program; created; implementation.
Section 58-33-10 - Policies and procedures for the New Mexico work and save IRA program.
Section 58-33-11 - Protection for covered employers.