§ 60.2-700. Expired

Expired pursuant to Acts 2014, c. 818, cl. 5, effective July 1, 2016.

§ 60.2-710. Repealed

Repealed by Acts 2015, c. 709, cl. 2.

§ 60.2-711. Definitions

As used in this chapter, unless the context requires a different meaning: “Affected unit” means a specific plant, department, shift, or other definable unit of an employing unit that has at least two employees to which an approved short-time compensation plan applies. “Health and retirement benefits” means employer-provided health benefits and retirement benefits under a […]

§ 60.2-712. Application to participate in short-time compensation program

A. The Commission shall establish and implement a short-time compensation program by January 1, 2022. The Program shall meet the requirements of 22 U.S.C. § 3306(v) and all other applicable federal and state laws. B. An employer that wishes to participate in the Program shall submit to the Commission a signed, written work sharing plan […]

§ 60.2-713. Approval and disapproval of plan

The Commission shall approve or disapprove a work sharing plan in writing within 10 working days of its receipt and promptly communicate the decision to the employer. A decision disapproving the plan shall clearly identify the reasons for the disapproval. If a plan is disapproved, the employer may submit a different work sharing plan for […]

§ 60.2-714. Effective date, duration, and modification of plan

A. A work sharing plan shall be effective on the date that is mutually agreed upon by the employer and the Commission, which shall be specified in the notice of approval to the employer. The plan shall expire on the date specified in the notice of approval, which shall be either the date at the […]

§ 60.2-715. Eligibility for short-time compensation

A. An employee is eligible to receive short-time compensation under a work sharing plan with respect to any week only if the employee is monetarily eligible for unemployment compensation, not otherwise disqualified for unemployment compensation, and: 1. During the week, the employee is employed as a member of an affected unit under an approved work […]

§ 60.2-716. Benefits

A. The short-time compensation weekly benefit amount shall be the product of the regular weekly unemployment compensation amount for a week of total unemployment multiplied by the percentage of reduction in the individual’s usual weekly hours of work. B. An individual may be eligible for short-time compensation or unemployment compensation, as appropriate, except that (i) […]