DL Management of Employee Benefit Funds
In unison with the employee insurance and benefit plan, the superintendent, or his/her designee(s), shall present annually to the Board of Education employee benefit funds. Employee benefit funds shall comply with state statute and regulation and maintain an appropriate incurred but not reported balance to ensure the solvency of the insurance and benefits plans.
Administrative Position: Chief Financial Officer/Assistant Superintendent of
Human Resources
Department Director: Executive Director of Budget Planning and
Analysis/Director of Benefits
References
Legal Cross Ref.:
- §52-1-1 NMSA 1978
Board Policy Cross Ref.:
Procedural Directive Cross Ref.:
NSBA/NEPN Classification: DL
Reviewed: June 12, 2012
Adopted: June 20, 2012