{"data":{"id":"us-nj/n.j.-stat.-17-48e-46.16","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:48E-46.16","heading":"Full-time employees maintained for 36 months following transition","body":"16. a. Upon the formation of a mutual holding company, the total number of full-time employees that were employed within a mutual holding company system shall be maintained for a transition period of 36 months following that formation based on the full-time employee count of the health service corporation as of September 30, 2019, except as provided in subsection b. of this section.\nb.\tThis section shall not:\n(1)\tsupersede the terms of any collective bargaining agreement; or\n(2)\trequire a mutual holding company system to replace headcount lost due to voluntary attrition or terminations for cause, including for performance, or replace any loss of headcount attributable to a decline in enrollment, market share, or loss of a major account.\nc.\tThis section shall expire following the transition period of 36 months following the formation of a mutual holding company.\nL.2020, c.145, s.16.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"a68c75f39423a48192048d84e7c275b5f1561137367d5bde6c6d7048773e504f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-48e-46.15","next":"us-nj/n.j.-stat.-17-48e-46.17"},"notice":"GroundRules: Original legal text. Not legal advice."}