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Terms Used In Vermont Statutes Title 21 Sec. 1039

  • Client company: means a person who enters into an agreement with an employee leasing company to lease any or all of its regular employees. See
  • Commissioner: means the Commissioner of Labor or the Commissioner's designee. See
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • leasing company: means a person engaged in the business of providing individuals to perform ongoing services for an indefinite time period for client companies pursuant to one or more employee leasing agreements executed between the leasing company and the client company. See

§ 1039. Employee benefits

(a) An employee leasing company that offers employee benefit and welfare plans shall offer comparable benefits to each client company, but is not required to provide comparable benefits to leased employees of different client companies.

(b) An employee leasing company that provides health insurance benefits to its leased employees shall provide those benefits only pursuant to one of the following:

(1) An insurance policy issued under 8 Vt. Stat. Ann. chapter 107 by an insurer or entity authorized to do business by the Commissioner of Financial Regulation.

(2) A plan that has been qualified as a single employer plan under the provisions of the Employment Retirement Income Security Act (ERISA), as amended.

(c) An employee leasing company and the client company shall be jointly and severally liable for protection or damages provided under laws designed to protect the health, safety, and welfare of an employee. (Added 1995, No. 173 (Adj. Sess.), § 1; amended 1995, No. 180 (Adj. Sess.), § 38(a); 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012.)