Section 657.620 - Determination of adequate fund reserve; modification of benefits and eligibility regulations in case of emergency.

OR Rev Stat § 657.620 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(2) In the event of general and extended unemployment, such that the reserve of the fund is reduced below the amount of reserve so determined, the director may declare an emergency and announce a modified scale of benefits, an increased waiting period or other changes in the rules and regulations regarding eligibility for a receipt of benefits which the director considers necessary to maintain the reserves of the fund.