N.M. Admin. Code § 2.83.600.20

Current through Register Vol. 35, No. 21, November 5, 2024
Section 2.83.600.20 - CHILD SUPPORT OBLIGATION ENFORCEMENT ORDER
A. The following information must be contained in an order to withhold amounts due in satisfaction of current or delinquent child support obligations.
(1) specific information identifying the member or retired member, i.e., full name, address, social security number, retirement number, if any;
(2) specific information identifying the third party payee, i.e., full name, address, social security number, if any, or account code for child support enforcement bureau;
(3) dollar amount to be withheld from the monthly pension payment or a refund of member contributions;
(4) a direct order to PERA to issue separate warrants to each party.
B. A model order or decree containing provisions for the withholding of retirement pensions or contributions pursuant to a child support obligation enforcement order shall be available on request from PERA's office of general counsel.
C. Payments made pursuant to such orders shall only be made when member contributions are refunded or a pension is payable in accordance with the provisions of the JRA.
D. Member files must contain current names and addresses for persons having a court-determined interest in member retirement accounts. Any person with such an interest must provide PERA with a written statement of any change of name or address. If a warrant is returned as undeliverable because of incorrect name or address, the money due the person will accumulate in the fund until PERA is furnished with the correct information. No interest shall be paid on any monies so accumulated.

N.M. Admin. Code § 2.83.600.20

10-15-97; 2.83.600.20 NMAC - Rn, 2 NMAC 83.600.20, 12-28-01
Adopted by New Mexico Register, Volume XXVI, Issue 12, June 30, 2015, eff. 7/1/2015