New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 81 - RETIREE HEALTH CARE FUNDS
Part 2 - COMMUNITY RELATIONS
Section 2.81.2.8 - RESPONSIBILITY TO THE PUBLIC
Current through Register Vol. 35, No. 18, September 24, 2024
The board recognizes its responsibility to the public to provide information concerning its actions, its policies, and details of its educational and business operations. in recognition of this responsibility the board shall endeavor to:
A. Meetings open to public: Open all regular, special and emergency meetings of the board of directors of the NMRHCA to the public with notice publicly made in advance consistent with the New Mexico Open Meetings Act and the NMRHCA's open meetings resolution then in effect and adopted by the board for governing open meetings.
B. Hold annual budget hearing: Hold an annual budget hearing each spring, open to the public and publicly announced in advance, for the purpose of adopting the budget for the forthcoming fiscal year.
C. Submission of third party administrators annual report: Require that the third party administrators submit an annual report of financial and operational activities to the board. Such report shall be circulated to NMRHCA participating employers as defined in the act for retention as a public record by those employers and for use by them in providing the information to the public, their employees and retirees.
D. Informing the public: Inform the public of NMRHCA matters through appropriate public news media and authority publications.
