Specific Description of Insurance Committee Work Related Issues

Insurance Committee Work

ACAP shall have a permanent committee on insurance. The Insurance Committee will be comprised of eight members plus three ex-officio members. The Insurance Committee members shall serve staggered 3-year terms. The ex-officio members shall be the human resources director or a designated representative, the Pioneer Representative from ACAP and Controller or a designated representative. The ex-officio members shall be non-voting. Appointments to the Insurance Committee Shall be made by ACAP and shall have 4 members that are current retirees and 4 members that are currently active employees. ACAP will also appoint one alternte that is a retiree and one alternate that is a current employee. The Insurance Committee shall elect its Chair and other such officers as it deems necessary. The Chair shall serve as an ex-officio, non-voting member of ACAP, if they are not a duly elected voting member.

The committee reviews and recommends policies which affect all insurances offered to NMSU employees such as health, life, long term disability and the two supplemental life insurance plans.

Procuring insurance for NMSU employees must follow State of New Mexico Procurement regulations. The process is briefly described below.

Link to Insurance Committee Minutes