State of Connecticut Workers' Compensation Commission, John A. Mastropietro, Chairman
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Sec. 38a-1015

Connecticut General Statutes as amended to January 1, 2009

Excess moneys refundable. Refund plan. Notice.

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Sec. 38a-1015. Excess moneys refundable. Refund plan. Notice. (a) Any moneys for a fund year in excess of the amount necessary to fund all obligations for that fund year may be declared to be refundable by the board of trustees not less than twelve months after the end of the fund year.

(b) Each member shall be given a written description of the refund plan at the time of application for membership. A refund for any fund year shall be paid only to those employers who remain participants in the group for the entire fund year. Payment of a refund based on a previous fund year shall not be contingent on continued membership in the group after that fund year.

(P.A. 96-267, S. 16.)

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Workers’ Compensation Commission

Page last revised: May 23, 2014

Page URL: http://wcc.state.ct.us/law/rel-stat/2009/38a-1015.htm

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State of Connecticut Workers' Compensation Commission, John A. Mastropietro, Chairman
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