Section 51-1-41 – Nonliability of state.
Benefits shall be deemed to be due and payable under the Unemployment Compensation Law only to the extent provided in that act and to the extent that money is available therefor to the credit of the unemployment compensation fund, and neither the state nor the department shall be liable for any amount in excess of […]
Section 51-1-42 – Definitions.
As used in the Unemployment Compensation Law: A. “base period” means the first four of the last five completed calendar quarters immediately preceding the first day of an individual’s benefit year, except that “base period” means for benefit years beginning on or after January 1, 2005 for an individual who does not have sufficient wages […]
Section 51-1-43 – Unemployment compensation; governmental entities.
Subject to the provisions of Section 51-1-47 NMSA 1978, services performed by individuals in the employ of governmental entities, state hospitals and state institutions of higher education shall be subject to the provisions of the Unemployment Compensation Law. History: 1953 Comp., § 59-9-22.2, enacted by Laws 1977, ch. 227, § 5; 1978, ch. 131, § […]
Section 51-1-44 – Additional definitions.
For purposes of the Unemployment Compensation Law: A. “employment” means service performed by an individual in the employ of a governmental entity unless such service is performed by an individual in the exercise of his duties: (1) as an elected official; (2) as a member of a legislative body or a member of the judiciary […]
Section 51-1-45 – State government unemployment compensation reserve fund created; purposes; assessments.
A. There is created a “state government unemployment compensation reserve fund”. The fund and any income from the fund shall be held in trust, deposited in a segregated account and invested by the director of the risk management division of the general services department with the prior approval of the state board of finance. Money […]
Section 51-1-46 – Local public body unemployment compensation reserve fund created; purposes; assessments.
A. There is created the “local public body unemployment compensation reserve fund.” The fund and any income from the fund shall be held in trust, deposited in a segregated account and invested by the general services department with the prior approval of the state board of finance. Money in the fund is hereby appropriated to […]
Section 51-1-33 – Employment service.
A. State employment service. The New Mexico state employment service, created by Chapter 15, Special Session Laws of 1934 [50-8-1, 50-8-2 NMSA 1978], together with its existing personnel and all of its records, files and property, including office equipment and the unexpired balance of any appropriation, is hereby transferred to the department, and any money […]
Section 51-1-34 – Administration funds.
A. There is created a special fund to be held in the custody of the state treasurer and known as the “unemployment compensation administration fund”. (1) All money paid into the fund is available to the secretary. All money in the fund shall be expended solely for the purposes and in the amount found necessary […]
Section 51-1-35 – Reimbursement of fund.
If any money received after June 30, 1941, from the department of labor of the United States of America under Title 3 of the Social Security Act, or any unencumbered balances in the unemployment compensation administration fund as of that date, or any money granted after that date to this state pursuant to the provisions […]
Section 51-1-36 – Collection of contributions.
A. Contributions unpaid on the date on which they are due and payable shall bear interest at the rate of one percent per month from and after such date until payment is received by the division. Interest collected pursuant to this subsection shall be paid into the employment security department fund. B. If, after due […]