Section 12-11-11 - Plans which were in existence June 30, 1969A plan which was in existence on June 30, 1969 and which continues in existence on January 1, 1970 is an existing plan and shall be accepted by the director as complying with the obligation of the employer to provide disability benefits for the employees, or for the class or classes of employees entitled to benefits under the plan, provided:
(1) The employer was on June 30, 1969 obligated not to discontinue the provisions of the plan or the contribution toward its cost during some period of time after June 30, 1969, provided that the acceptance of the plan shall be limited to the period of the obligation; or(2) That if the plan is one under which the employer is not obligated, as of June 30, 1969, to continue the provisions of the plan or the contribution toward its cost during some period after June 30, 1969, the plan either (A) Has been found by the director to meet the requirements of section 12-11-16 and the employer has entered into the required agreements and otherwise complied with section 12-11-21 the period for which the plan may be accepted shall be limited to the period provided in section 12-11-21(3); or(B) Has been agreed to by an association of employees or through collective bargaining and the employer has, prior to January 1, 1970, entered into the required agreements and otherwise complied with section 12-11-21 the period for which such plan may be accepted shall be the term of the plan as so agreed.[Eff 5/11/81] (Auth: HRS § 392-91) (Imp: HRS § 392-41)