A. State agencies shall make payments in lieu of contributions in accordance with the provisions of Sections 51-1-15 and 51-1-45 NMSA 1978. B. Local public bodies shall finance benefits paid to an individual based on services performed in their employ by: (1) participating in the local public body compensation reserve fund; (2) paying contributions to the department; or (3) making an election to become liable for payments in lieu of contributions in accordance with the provisions of Subsection B or E of Section 51-1-13 NMSA 1978. History: 1953 Comp., § 59-9-7.5, enacted by Laws 1977, ch. 227, § 1; 1979, ch. 280, § 21. ANNOTATIONSCross references. — For applicability of act, see 51-1-47 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 81 C.J.S. Social Security and Public Welfare §§ 183, 212.
New Mexico Legal Code