Section 22-11-6 - Board; powers; duties. - New Mexico Statutes

22-11-6. 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.