Section 10-7A-5 – Deferred compensation plan; approval.
A. The board shall review proposals providing investment options to participants of a deferred compensation plan submitted by deferred compensation carriers that have been engaged for a minimum of three years in the business of funding public employee deferred compensation plans authorized by 26 U.S.C. Section 457 and approve proposals that are consistent with the […]
Section 10-7A-6 – Deferred compensation plans; investment options.
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. ANNOTATIONS Cross references. — For types of plans which may be approved, see 10-7A-5 NMSA 1978.