§ 28-39-11 - Recommendations to protect fund – Emergency modification of rules.
SECTION 28-39-11
§ 28-39-11 Recommendations to protect fund– Emergency modification of rules. – (a) Whenever the director believes that a change in contribution and/or benefitrates shall become necessary to protect the solvency of the fund, he or sheshall at once inform the governor and the general assembly of this and makerecommendations accordingly.
(b) In that case the governor may declare an emergency andauthorize the director to announce a modified scale of benefits, an increasedwaiting period, or other changes in rules and regulations regarding eligibilityfor payment of benefits which the director may deem necessary to assure thesolvency of the fund. The modified regulation shall be in effect until thegovernor declares the emergency at an end, or until further action is taken bythe general assembly.