341.4165 Effective date -- Expiration -- Termination.
161 words·~1 min read·
/ky/chapter-341/341-4165A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A plan shall take effect:
(a)On the date of its approval by the secretary; or
(b)On a date specified within the plan if that date occurs after its approval by the
secretary.
(2)Each plan:
(a)Shall expire at the end of twelve
(12)full calendar months after its effective
date; or
(b)If a plan is revoked by the secretary, shall terminate on the date specified in
the secretary's written order of revocation.
(3)A shared work employer may terminate an approved plan by providing the
secretary and each employee in every affected group covered by the plan with a
written notice. Such notice shall:
(a)Contain a message indicating that the plan is being terminated;
(b)Identify the date on which the termination will go into effect; and
(c)Be delivered to the secretary and each employee in each affected group
covered by the plan no less than thirty
(30)days prior to the termination date.