Section 4928.43 | Assisting employees affected by electric industry restructuring.
A new version of Section 4928.43 exists that takes effect September 30, 2025View New Version
Effective:
October 5, 1999
Latest Legislation:
Senate Bill 3 - 123rd General Assembly
(A) Each state agency that provides employment assistance and job training programs, including the bureau of employment services and the department of development, shall provide concentrated attention through those programs to assisting employees whose employment is affected by electric industry restructuring under this chapter.
(B) To the extent not prohibited by federal law or any law of this state and except as otherwise provided in a labor contract or other agreement, no unencumbered money in a pension fund for employees of electric utilities shall be used for any purpose other than to pay allowable pensions or early retirement buyouts for the employees.
Available Versions of this Section
- October 5, 1999 – Senate Bill 3 - 123rd General Assembly [ View October 5, 1999 Version ]
- September 30, 2025 – Amended by House Bill 96 - 136th General Assembly [ View September 30, 2025 Version ]