N.J. Admin. Code § 12:18-2.37
Current through Register Vol. 56, No. 16, August 19, 2024
Section 12:18-2.37 - Continuation of plan on successor employer(a) If there is a change in the employer and the successor employer assumes the obligations and liability of the predecessor under the plan, the plan shall be transferred to the successor, if:1. The workers to be covered by the plan immediately after the succession are not required to contribute to the cost of the plan; or2. The class or classes of workers covered by the plan immediately prior to the succession constitute a majority of the workers in the same class or classes employed by the successor immediately after the succession; or3. A majority of the workers in the class or classes covered by the plan in the employ of the successor immediately after the succession give their written consent to the plan; or4. The plan is limited to the separate unit, plant, department or establishment operated by the predecessor and the provisions of paragraphs 1, 2 or 3 of this Section are met with respect to such separate unit, plant, department or establishment. N.J. Admin. Code § 12:18-2.37