Title 787 | Chapter 001 | Regulation 260


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787 KAR 1:260.Voluntary election of coverage.

Section 1.

An employing unit seeking election of coverage under KRS 341.250(3) shall include in its written election:

(1)

For the two (2) calendar years preceding the date of election, or for the total length of existence of the organization, whichever is less:

(a)

A list of all funding sources, the revenues received from each, and duration of funding provided from each, accompanied by supporting documentation including grant applications, funding approval letters, and any other relevant material; and

(b)

A list of all employees along with gross salaries paid; and

(2)

Projections for the two (2) calendar years following the date of election, including:

(a)

A list of all anticipated funding sources, the revenues expected from each, and expected duration of funding from each, accompanied by any available documentation supporting these projections; and

(b)

The number of workers anticipated and projected salaries for each position.

Section 2.

Except as established in Section 3 of this administrative regulation, a voluntary election of coverage shall be approved if the information submitted in accordance with Section 1 of this administrative regulation indicates that the number of employees and the total amount of funding are projected to remain the same or increase over the time period covered by the information.

Section 3.

An employing unit shall not be granted for voluntary election in any calendar year if, in the preceding calendar year, the employer contributions deposited to the Unemployment Trust Fund were less than the total benefits paid.

HISTORY: (22 Ky.R. 488; eff. 11-6-1995; 33 Ky.R. 2197; 3191; eff. 5-4-2007; 48 Ky.R. 596, 1538; eff. 2-1-2022.)

CONTACT PERSON: Buddy Hoskinson, Labor Cabinet, Mayo-Underwood Building, 500 Mero Street, 4th Floor, Frankfort, Kentucky 40601, phone (502) 564-2199, fax (502) 564-7850, email: Buddy.Hoskinson@ky.gov.

7-Year Expiration: 2/1/2029

Last Updated: 2/2/2022


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