Rhode Island General Laws 28-47-11. Assessment against group self-insurers
(a) Whenever the director determines that the compensation and benefits provided by this chapter may be unpaid by reason of the default of an insolvent group self-insurance plan, and the penal sum of the surety bond, trust fund, or other security is about to become exhausted, the director shall levy an assessment against all self-insured employers in that group self-insurance plan to assure prompt payment of that compensation and benefits.
Terms Used In Rhode Island General Laws 28-47-11
- Director: means the director of labor and training or his or her designee unless specifically stated otherwise. See Rhode Island General Laws 28-29-2
- Employee: means any person who has entered into the employment of or works under contract of service or apprenticeship with any employer, except that in the case of a city or town other than the city of Providence it shall only mean that class or those classes of employees as may be designated by a city, town, or regional school district in a manner provided in this chapter to receive compensation under chapters 29 — 38 of this title. See Rhode Island General Laws 28-29-2
- employers: shall include :
(1) Employers with related activity in a given industry employing persons who perform work in connection with the given industry;
(2) An incorporated or unincorporated association or associations consisting exclusively of those employers provided they employ persons who perform that related work in the given industry; and
(3) A combination of employers as described in subsection (a)(1) and an association or associations of employers as described in subsection (a)(2). See Rhode Island General Laws 28-47-1
- Group self-insurance: as used in this chapter , shall be deemed to be the system of securing compensation as provided in this chapter. See Rhode Island General Laws 28-47-1
(b) Notwithstanding any other provisions of law, in the event that an employee leasing firm approved under this chapter does not pay the compensation and benefits provided by this chapter by reason of insolvency, and the penal sum of the surety or other security is about to become exhausted, the director shall levy an assessment against all client companies of the employee leasing firm to ensure prompt payment of the compensation and benefits.
History of Section.
P.L. 1982, ch. 32, art. 3, § 1; P.L. 1993, ch. 234, § 1; P.L. 1993, ch. 299, § 1.