State Codes and Statutes
Statutes > New-mexico > Chapter-22 > Article-11 > Section-22-11-622-11-6. Board; powers; duties.
The board shall:
A. properly and uniformly enforce the Educational Retirement Act [22-11-1 NMSA 1978];
B. hire employees and delegate administrative authority to these employees;
C. make an actuarial report on the financial operation of the Educational Retirement Act to the legislature at each regular session every odd-numbered year;
D. accept donations, gifts or bequests; and
E. adopt regulations pursuant to the Educational Retirement Act.