N.J. Admin. Code § 17:9-1.5

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:9-1.5 - Voluntary termination of employer; notice

(a) A resolution furnished by the Division must be approved and completed by the governing body of the employers who wish to voluntarily terminate their participation in the program.

(b) When a participating employer voluntarily terminates coverage, the coverage for the employer's active and retired employees, participants under 52:14-17.29k, and COBRA participants shall terminate as of the first of the month following a 60-day period beginning with the receipt of the resolution by the Division.

(c) The employer shall notify all active employees of the date their coverage in the program has terminated.

(d) The Division shall act to notify all affected COBRA participants, participants under 52:14-17.2 9k, and retired members of the termination of coverage. Upon request from the employer, the Division shall forward a list of the names and addresses of terminating retirees, participants under 52:14-17.2 9k, and COBRA participants so that the employer may offer them an opportunity to enroll under its new group health insurance plan.

N.J. Admin. Code § 17:9-1.5

Amended by 48 N.J.R. 2387(a), effective 11/7/2016