§ 10-7C-1 Short title
§ 10-7C-2 Purpose of act
§ 10-7C-3 Legislative findings and declaration of policy
§ 10-7C-4 Definitions
§ 10-7C-5 Authority created
§ 10-7C-6 Board created; membership; authority
§ 10-7C-7 Board; duties
§ 10-7C-7.1 Board may provide for an administration building;
§ 10-7C-7.2 New Mexico finance authority revenue bonds; purpose;
§ 10-7C-8 Fund created; investment; premiums; appropriation
§ 10-7C-9 Participation
§ 10-7C-10 Expulsion from program for falsification
§ 10-7C-11 Purchase of group insurance
§ 10-7C-12 Automatic coverage; effect of preexisting conditions
§ 10-7C-13 Payment of premiums on health care plans
§ 10-7C-14 Exemption from legal process
§ 10-7C-15 Retiree health care fund contributions
§ 10-7C-16 Retiree health care fund; budget

Terms Used In New Mexico Statutes > Chapter 10 > Article 7C - Retiree Health Care

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Dependent: A person dependent for support upon another.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.