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2022 Kentucky Revised Statutes
Chapter 341 - Unemployment compensation
341.4167 Revocation of approved plan -- Annual review of approved plan operation. (Effective January 1, 2023).

Universal Citation: KY Rev Stat § 341.4167 (2022)
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341.4167 Revocation of approved plan -- Annual review of approved plan operation. (Effective January 1, 2023) (1) (2) (3) (4) (5) For purposes of this section, "good cause" includes but is not limited to: (a) Failure to comply with the assurances given in the plan; (b) Unreasonable revision of productivity standards for the affected group; (c) Conduct or occurrences tending to defeat the intent and effective operation of the plan; and (d) Violation of any criteria on which approval of the plan was based. The secretary may revoke approval of a plan: (a) For good cause; and (b) By issuing a revocation order, in writing, that specifies the date the revocation is effective and the reasons for the revocation. The secretary may issue a revocation at any time upon his or her own motion or on motion of any of the affected group's employees. The secretary shall review the operation of each approved employer plan at least once during the twelve (12) month period that the plan is in effect to ensure its compliance with the requirements of KRS 341.4161 to 341.4173. Revocation of a plan for good cause by the secretary shall preclude approval of any subsequent plan submitted by the revoked plan employer during the twelve (12) month period beginning on the date of the revocation order. Effective:January 1, 2023 History: Created 2022 Ky. Acts ch. 21, sec. 15, 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.
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