Sec. 31-285. Substitute systems of compensation.
Sec. 31-285. Substitute systems of compensation. With the approval of the state
Insurance Commissioner, any employer may enter into an agreement with his employees
to provide a system of compensation, benefit and insurance in lieu of the compensation
and insurance provided by this chapter. No such substitute system shall be approved
unless it confers benefits upon injured employees at least equivalent to the benefits
provided by this chapter, nor shall any such substitute system be approved which contains an obligation of employees to join in it as a condition of employment unless it
contains equitable provision for the withdrawal of employees from it and the distribution
of its assets. If any such system requires contributions from employees, it shall not be
approved unless it confers benefits in addition to those provided under this chapter at
least commensurate with such contributions. The Insurance Commissioner, having
given his approval of such substitute system, shall have over it all the jurisdiction given
him by sections 38a-14 and 38a-17 over insurance companies. He may withdraw his
approval upon reasonable notice to the employer and order a distribution of the assets,
subject to the right of any party in interest to take an appeal to the superior court for the
judicial district of Hartford.
(1949 Rev., S. 7452; 1958 Rev., S. 31-179; 1961, P.A. 491, S. 25; P.A. 77-614, S. 163, 610; P.A. 78-280, S. 6, 127;
P.A. 80-482, S. 203, 348; P.A. 88-230, S. 1, 12; P.A. 90-98, S. 1, 2; P.A. 93-142, S. 4, 7, 8; P.A. 95-220, S. 4-6.)
History: 1961 act entirely replaced previous provisions; P.A. 77-614 made insurance department a division within the
department of business regulation with insurance commissioner as its head, effective January 1, 1979; P.A. 78-280 replaced
"Hartford county" with "judicial district of Hartford-New Britain"; P.A. 80-482 reinstated insurance division as independent department with insurance commissioner as its head following abolition of department of business regulation; P.A.
88-230 replaced "judicial district of Hartford-New Britain" with "judicial district of Hartford", effective September 1,
1991; P.A. 90-98 changed the effective date of P.A. 88-230 from September 1, 1991, to September 1, 1993; P.A. 93-142
changed the effective date of P.A. 88-230 from September 1, 1993, to September 1, 1996, effective June 14, 1993; P.A.
95-220 changed the effective date of P.A. 88-230 from September 1, 1996, to September 1, 1998, effective July 1, 1995.
Cited. 169 C. 646.
Cited. 23 CS 298.