Section 12-11-14 - Wage or salary continuance plans(a) Arrangements for wage or salary continuance during disability in effect on June 30, 1969 may be accepted as an existing plan, provided the plan formed part of the employer's regular contract of hiring, either under written agreement or by established custom and practice.(b) A wage or salary continuance plan in effect on June 30, 1969, but not then under written agreement, may be accepted as a plan if it is reduced to a written agreement and if proof satisfactory to the director is submitted that the plan was actually in existence on June 30, 1969 as the employer's established custom and practice.(c) Wage and salary continuance may be offered by an employer as the employer's plan and, if found to be "at least as favorable" as the statutory benefits schedule, the plan may be accepted as the employer's compliance with the benefit provisions of the law for the class or classes of employees covered by the plan. In such case, the employer may insure or have approved self-insurance for disability benefits, paying the excess over the benefits under the employer's continuance agreement as wages or salary or the employer may continue wages or salary and provide, through insurance or approved self-insurance, for benefits to commence on the first day of disability following the last day to which wages or salary are continued.[Eff 5/11/81] (Auth: HRS § 392-91) (Imp: HRS § 392-41)