(1) A plan shall take effect:
(a) On the date of its approval by the secretary; or

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Terms Used In Kentucky Statutes 341.4165

  • Affected group: means two (2) or more employees designated by an employer to participate in a shared work plan. See Kentucky Statutes 341.096
  • Commission: means the Unemployment Insurance Commission. See Kentucky Statutes 341.005
  • Secretary: means the secretary of the Education and Labor Cabinet or his or her duly authorized representative. See Kentucky Statutes 341.005
  • Statute: A law passed by a legislature.

(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.
Effective: January 1, 2023
History: Created 2022 Ky. Acts ch. 21, sec. 14, effective January 1, 2023.
Legislative Research Commission Note (1/1/2023). 2022 Ky. Acts ch. 21, sec. 26, provides that the Act, which created this statute, may be cited as the Unemployment Insurance Sustainability Act of 2022.