Notwithstanding any other benefit plan or group insurance plan offered to an eligible public employee, any agency may adopt a cafeteria plan, as defined in 26 U.S.C. 125 et seq. and regulations made thereunder, for the benefit of eligible public employees and their dependents.
§ 10-7-16 NMSA 1978
Cafeteria plan; optional
Known as the Cafeteria Plan Act
The act spans §§ 10–10 (25 sections).
Laws 1987, ch. 289, § 3.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.