TITLE 2 PUBLIC FINANCE

CHAPTER 84 MAGISTRATE RETIREMENT

PART 900 GROUP INSURANCE CONTINUATION

 

2.84.900.1 ISSUING AGENCY: Public Employees Retirement Association, P. O. Box 2123, Santa Fe, New Mexico 87504-2123

[10-15-97; 2.84.900.1 NMAC Rn, 2 NMAC 84.900.1, 12-28-01]

 

2.84.900.2 SCOPE: This rule affects retired members who are not covered by the Retiree Health Care Act and the association under the Magistrate Retirement Act.

[10-15-97; 2.84.900.2 NMAC Rn, 2 NMAC 84.900.2, 12-28-01]

 

2.84.900.3 STATUTORY AUTHORITY: This rule is authorized by NMSA 1978, Sections 10-12C-3 and 10-12C-15, as amended.

[10-15-97; 2.84.900.3 NMAC Rn, 2 NMAC 84.900.3, 12-28-01]

 

2.84.900.4 DURATION: Permanent.

[10-15-97; 2.84.900.4 NMAC Rn, 2 NMAC 84.900.4, 12-28-01]

 

2.84.900.5 EFFECTIVE DATE: July 1, 1992 unless a different date is cited at the end of a Section.

[10-15-97; 2.84.900.5 NMAC Rn, 2 NMAC 84.900.5, 12-28-01]

 

2.84.900.6 OBJECTIVE: The objective of this rule is to establish a procedure for certain members to continue group insurance coverage.

[10-15-97; 2.84.900.6 NMAC Rn, 2 NMAC 84.900.6, 12-28-01]

 

2.84.900.7 DEFINITIONS: [Reserved]

 

2.84.900.8 GENERAL PROVISIONS:

A. Each retired member who desires to continue insurance coverage under the provisions of any state group insurance plan in effect at the time of retirement, is required to file with the association the appropriate documentation.

B. In the event a retired member desires to terminate his or her insurance coverage, written notification shall be submitted to PERA. Notification received after the fifteenth day of a calendar month shall not result in termination of coverage until the first day of the following month.

[10-15-97; 2.84.900.8 NMAC Rn, 2 NMAC 84.900.8, 12-28-01]

 

HISTORY of 2.84.900 NMAC:

Pre-NMAC History: The material in this Part was derived from that previously filed with the State Records Center & Archives under: MRA Rule 900, Group Insurance Continuation, filed on 7-1-92.