Employer default definition

Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code § 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer. An employer is not in employer default if it has entered into a repayment agreement with the Insurance Commissioner and remains in compliance with the obligations under the repayment agreement.
Employer default means having an outstanding balance or liability to the old fund or
Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code § 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer.

Examples of Employer default in a sentence

  • Should the Employer default for any reason, the cost of obtaining the Quantity Surveyor’s certificate shall be for the account of the Employer.

  • The Employer will pay superannuation contributions to the Employee’s stapled fund unless that Employee chooses for their contributions to go to a different fund or the Employer default fund.

  • If the Employee does not have a stapled fund, the Employer default fund HESTA will apply.

  • The Plan shall be administered: ⌧ By the Employer (default under the Plan) 🞏 By a designated Administrator.


More Definitions of Employer default

Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers'
Employer default means having an outstanding balance or llablllty to the old fund or to the uninsured employers' fund or being In polloy default, aa defined In W, Vo, ⭯odo § 23-2c-2, f11IIL1ro to malntoln m,rndotory workeru' oompon111tlon coverage, or failure to fully meet Its obligations as a workers' compensation aelf-lnaurod omployor. An employer le not In employer default If It hos ontered Into a ropoyment agreement with the Insurance Commlsaloner and remains In compllanco with the obligations under the repayment agreement.
Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code S 23-2c-2, failure to maintain mandatory workers'
Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code ~ 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer. An employer is n01in employer default if it has entered into a repayment agreement with the Insurance Commissioner and remains in compliance with the obfigations under the repayment agreement.
Employer default means having.an outstanding balanceorliabilityJotheold fund orto the uninsured employers' fund orbeing in policy default, asdefilledin W. Va; Code~. 23-2c-2, failure to maintain mandatory workers' compensation coverage, orfailureto'fullymeet its()b.ligationsasaWorkers~ compensation self-insured employer. An employer is not in employer defaulUf it has enteredint9arepaymenttigreementwith the Insurance Commissioner and remains in compliance with the obligations under the repaymentagn~ement.

Related to Employer default

  • Minor Default means any Event of Default that is not a Major Default.

  • Buyer Default means an Event of Default of Buyer.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.