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Local plans are 78.2% funded in 2022, compared to 77.8% for statewide plans. However, the historical funding trends of municipally-managed plans are similar, if not identical to statewide plans. Locally-managed public pension plans account for approximately 12% of all unfunded liabilities of non-federal retirement systems.
Unless provided otherwise in a municipality's charter, municipal elections are held on the first Tuesday in March of every even-numbered year. [3] Elections are non-partisan, [ 4 ] and election materials (cards, signs, ads, etc.) are exempted from the requirements for all other elections that the responsible party be identified (as in "paid for ...
Nov. 13—The board of the New Mexico Public Employees Retirement Association is in conflict once again. In the latest example of a board beset by infighting, acting board Chairman Francis Page ...
The New Mexico Public Regulation Commission or PRC is an independent agency created by the New Mexico Constitution. It is charged with regulating "...electric, natural gas, and water utilities, as well as telecommunications and motor carriers, to ensure fair and reasonable rates, and to assure reasonable and adequate services to the public." [1 ...
The government of New Mexico is the governmental structure of the state of New Mexico as established by the Constitution of New Mexico. The executive is composed of the governor, several other statewide elected officials and the governor's cabinet. The New Mexico Legislature consists of the House of Representatives and Senate.
She said New Mexico's Public Education Department is proposing a mandate that all school districts adhere to a minimum of 180 student days per ... Clovis superintendent shares concerns about PED ...
Mesa del Sol was approved as part of a public-private partnership strategy with the New Mexico, Albuquerque and University of New Mexico. It has been in planning stages since the 1980s. In 2002, after an open bid process, the New Mexico State Land Office selected Forest City Enterprises as the developer of Mesa del Sol. The project broke ground ...
In 2023, the Southwest Public Policy Institute (SPPI) initiated legal action against the City of Albuquerque, alleging non-compliance with the New Mexico Inspection of Public Records Act (IPRA). [10] The lawsuit arose after SPPI requested access to the automated speed enforcement citation database, which SPPI argued was incomplete and lacked ...