Section 22-11-6 - Board; powers; duties.
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.