New Mexico Administrative Code

Permanent.

December 15, 1995 unless a different date is cited at the end of a section.

The objective of this rule is to establish standards and procedures for reciprocity retirement, for eligible reciprocal service credit, and for overlapping service credit.

[Reserved]

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

A. The denial of any claim for retirement benefits may be appealed by a claimant. A refund or withdrawal of a member's contributions causes the forfeiture of service credit and shall result in the automatic dismissal of an appeal and the issuance of notice of dismissal. The appea…

This rule affects the members, former members, retirees, beneficiaries, public employers, retirement board, and the association under the Public Employees Retirement Act, Judicial Retirement Act, Magistrate Retirement Act and Volunteer Firefighters Retirement Act.

This rule is authorized by NMSA 1978, Section 10-11-120, 10-11-130, 10-12B-3, 10-12C-3, and 10-11A-4, as amended.

Permanent.

July 1, 1993 unless a different date is cited at the end of a section.

The objective of this rule is to establish procedures and requirements for appealing denials of claims for benefits.

[Reserved]

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

A. The following information must be contained in a court order which divides the community interest in PERA retirement pensions or contributions: (1) specific information identifying the parties, i.e., full names, addresses, social security numbers, retirement numbers if any; (2…

This rule affects members, former members, retirees, beneficiaries, and the association under the Public Employees Retirement Act. This rule also affects the spouses and ex-spouses of members, former members and retirees under the act.

Member files must contain current names and addresses for persons having a court-determined interest in member retirement accounts. Any person with such an interest must provide PERA with a written statement of change of name or address. If a warrant is returned as undeliverable …

This rule is authorized by NMSA 1978, Sections 10-11-136, 10-11-130, and 10-11-116, as amended.

A. When a retired member who has chosen either form of payment B or C with the retired member's spouse as the named survivor beneficiary is divorced, the retired member may either: 1) make no change in the form of payment and beneficiary; or 2) change the form of payment to form …

Permanent.

A. Each party must submit a completed W-4 form to PERA when applying for a retirement pension. B. The member must submit a completed PERA termination notice/request for refund when applying for a refund of contributions.

December 15, 1995 unless a different date is cited at the end of a section.

An order requiring one or more beneficiary designations shall be addressed to the member, and the member shall be responsible for executing the proper PERA forms and providing the documentation necessary to effectuate the designation(s). A member who violates such a court order m…

The objective of this rule is to establish procedures for dividing the community interest in retirement pensions or contributions.

[Reserved]

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

This rule affects the affiliated public employers and their employees, the retirement board and the association under the Public Employees Retirement Act.

This rule is authorized by NMSA 1978, Sections 10-11-130, 10-11-50, 10-11-55.1, 10-11-74, 10-11-80, 10-11-104, 10-11-110, as amended.

Permanent.

November 1, 1994 unless a different date is cited at the end of a section.

The objective of this rule is to establish procedures for affiliated public employers to conduct elections to adopt a new coverage plan or to change coverage plans for their employees.

[Reserved]

A. An affiliated public employer desiring to conduct an election to adopt a new coverage plan or for a change in coverage plan shall adopt and file with the board a resolution so stating. In addition to the resolution, the affiliated public employer shall also file for board appr…

Public Employees Retirement Association, 33 Plaza La Prensa, Santa Fe, New Mexico 87507.

A. The executive director shall prepare budgets and requests for appropriations, which shall be considered and approved by the board prior to submission to the department of finance and administration or legislature. B. The executive director shall annually prepare an organizatio…

The executive director shall contract with an actuarial firm to be engaged for the purpose of performing routine actuarial services and annual actuarial valuations to be provided for in a contract to be approved by the board, subject to compliance with the procurement code rules …

This rule applies to the retirement board and the executive director under the Public Employees Retirement Act. This rule affects the members, former members, retirees, beneficiaries, public employers and the association under the Public Employees Retirement Act.

This rule is authorized by NMSA 1978, Section 10-11-130, 10-11-131, as amended.

Permanent.

July 1, 1993 unless a different date is cited at the end of a section.

The objective of this rule is to clarify the authority of the executive director, and to provide for an annual evaluation of the executive director by the retirement board.

[Reserved]

A. The board, at a regular meeting, shall employ an executive director who shall serve at the pleasure of the board and at a salary set by the board. The executive director shall be the chief administrative officer of the board and of the association and serve as a fiduciary to t…

A. The business affairs of the board shall be conducted by the executive director within the authority outlined by the public employees retirement act and rules and policies and procedures adopted by the board. B. On behalf of the board, the executive director is authorized to ex…

Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

This rule affects municipal employers, employees of affiliated public employers, and the association under the Public Employees Retirement Act.

This rule is authorized by NMSA 1978, Sections 10-11-122 and 10-11-130, as amended.

Permanent.

October 21, 1988, unless a different date is cited at the end of a section.

The objective of this rule is to set forth the information that is required by the association from public employers seeking affiliation with PERA.

[Reserved]