New Jersey Administrative Code
Title 12 - LABOR AND WORKFORCE DEVELOPMENT
Chapter 21 - FAMILY LEAVE INSURANCE BENEFITS
Subchapter 2 - PRIVATE PLANS
Section 12:21-2.13 - Certificate of approval; effective date
Universal Citation: NJ Admin Code 12:21-2.13
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The Division shall issue a "Certificate of Approval of Private Plan," which shall constitute evidence of approval of the plan by the Division.
(b) Each such private plan shall be submitted in detail to the Division and shall be approved by the Division to take effect as of the first day of the calendar quarter next following the submission date, or as of an earlier date if requested by the employer and approved by the Division. Grounds for approval of an earlier effective date include, but are not limited to, whether the plan:
1. Is the result of an agreement
contained in a labor-management contract; or
2. Covers a newly formed subsidiary of an employer
with an existing private plan; or
3. Is
the result of a succession from an employer with an existing private plan. As
provided in 43:21-7(c)(7)(A), a
successor in interest is an entity that acquires the organization, trade, or
business, or substantially all the assets of an employer, whether by merger,
consolidation, sale, transfer, descent, or otherwise.
(c) Approved contributory plans must remain in effect through at least December 31, 2009.
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