Section 10-7-19 – Applicability to deferred compensation plans.
The provisions of the Cafeteria Plan Act [10-7-14 to 10-7-19 NMSA 1978] do not apply to deferred compensation plans. History: Laws 1987, ch. 289, § 6.
Section 10-7-20 – Qualified transportation fringe benefit.
State agencies, state educational institutions and political subdivisions of the state may offer to their employees a qualified transportation fringe benefit in accordance with Section 132(f) of the Internal Revenue Code of 1986. The qualified transportation fringe benefit may be offered as an employee pretax deduction or an employer-paid benefit or a combination of the […]
Section 10-7-21 – Undercover agents; life insurance benefits.
A. The state and any political subdivision of the state shall provide paid life insurance in the amount of at least two hundred fifty thousand dollars ($250,000) for employees during any period of employment when an employee is working as an undercover agent. B. As used in this section: (1) “undercover agent” means a law […]
Section 10-7-22 – Leave donation policy.
A. State agencies, political subdivisions and school districts shall implement policies that provide for employees who earn annual or sick leave the opportunity to donate annual or sick leave to another employee for a medical emergency. The policy shall provide: (1) that a reasonable amount of leave may be donated by an employee annually and […]
Section 10-7-9 – Minimum salary rate.
Every state employee and every person regularly employed at a state educational institution named in Article 12, Section 11 of the New Mexico constitution, except student employees as defined by the board of educational finance, shall receive a salary at a rate equal to at least four hundred dollars ($400) per month. History: 1953 Comp., […]
Section 10-7-10 – Accumulated sick leave; payment of certain excess amounts.
An employee of the state who has accumulated six hundred hours of unused sick leave shall be entitled to be paid for additional unused sick leave at a rate equal to fifty percent of his hourly wage multiplied by the number of hours of unused sick leave over six hundred hours, not to exceed one […]
Section 10-7-11 – Accumulated sick leave prior to retirement; payment of certain excess amounts.
Immediately prior to retirement from state service, an employee of the state who has accumulated six hundred hours of unused sick leave shall be entitled to be paid for additional unused sick leave at a rate equal to fifty percent of his hourly wage multiplied by the number of hours of unused sick leave over […]
Section 10-7-12 – Government cost savings incentive award.
A. As used in this section: (1) “actual cost savings” means realized, not projected, cost savings substantiated by documentation; (2) “award” means a government cost savings incentive award; (3) “economy” includes maximizing the purchasing value of public funds; (4) “efficiency” includes a significant reduction in paperwork and the elimination of unnecessary rules, regulations and procedures; […]
Section 10-7-13 – Leave; coordination with workmen’s compensation benefits.
A. Payment of leave-time benefits in excess of an amount which results, when combined with workmen’s compensation weekly benefits, in an injured state or university worker receiving in any month more than one hundred percent of that workman’s monthly base salary is not permitted; provided that payment of accrued vacation leave time and compensating leave-time […]
Section 10-7-14 – Short title.
Sections 1 through 6 [10-7-14 to 10-7-19 NMSA 1978] of this act may be cited as the “Cafeteria Plan Act”. History: Laws 1987, ch. 289, § 1. ANNOTATIONS Am. Jur. 2d, A.L.R. and C.J.S. references. — 63A Am. Jur. 2d Public Officers and Employees §§ 450, 451. 67 C.J.S. Officers and Public Employees §§ 223, […]