Rate schedules for contributions; determination
Sec. 3. (a) The applicable schedule of rates for the calendar year
1983 and thereafter shall be determined by the ratio resulting when
the balance in the fund as of the determination date is divided by the
total payroll of all subject employers for the immediately preceding
calendar year. Schedule A, B, C, or D, appearing on the line opposite
the fund ratio in the schedule below, shall be applicable in
determining and assigning each employer's contribution rate for the
calendar year immediately following the determination date. For the
purposes of this subsection, "total payroll" means total remuneration
reported by all contributing employers as required by this article and
does not include the total payroll of any employer who elected to
become liable for payments in lieu of contributions (as defined in
IC 22-4-2-32). For the purposes of this subsection, "subject
employers" means those employers who are subject to contribution.
FUND RATIO SCHEDULE
When the Fund Ratio Is:
Applicable
As Much As But Less Than Schedule
1.0% A
1.0% 1.5% B
1.5% 2.25% C
2.25% D
(b) For calendar years before 2002, if the conditions and
requirements of section 2 of this chapter are met, the rate of
contributions shall be determined and assigned, with respect to each
calendar year, to employers whose accounts have a credit balance
and who are eligible therefor according to each employer's credit
reserve ratio. Each employer shall be assigned the contribution rate
appearing in the applicable schedule A, B, C, or D on the line
opposite his credit reserve ratio as set forth in the rate schedule
below:
RATE SCHEDULE FOR ACCOUNTS
WITH CREDIT BALANCES
When the Credit Reserve Ratio Is:
As But Rate Schedules
Much Less (%)
As Than A B C D E
3.0 1.2 0.2 0.2 0.2 0.15
2.8 3.0 1.4 0.4 0.2 0.2 0.15
2.6 2.8 1.6 0.6 0.2 0.2 0.15
2.4 2.6 1.8 0.8 0.4 0.2 0.2
2.2 2.4 2.0 1.0 0.6 0.2 0.2
2.0 2.2 2.2 1.2 0.8 0.4 0.4
1.8 2.0 2.4 1.4 1.0 0.6 0.6
1.6 1.8 2.6 1.6 1.2 0.8 0.8
1.4 1.6 2.8 1.8 1.4 1.0 1.0
1.2 1.4 3.0 2.0 1.6 1.2 1.2
1.0 1.2 3.2 2.2 1.8 1.4 1.4
0.8 1.0 3.4 2.4 2.0 1.6 1.6
0.6 0.8 3.6 2.6 2.2 1.8 1.8
0.4 0.6 3.8 2.8 2.4 2.0 2.0
0.2 0.4 4.0 3.0 2.6 2.2 2.2
0 0.2 4.2 3.2 2.8 2.4 2.4
(c) Each employer whose account as of any computation date
occurring on and after June 30, 1984, shows a debit balance shall be
assigned the rate of contributions appearing on the line opposite his
debit ratio as set forth in the following rate schedule for accounts
with debit balances:
RATE SCHEDULE FOR ACCOUNTS
WITH DEBIT BALANCES
When the Debit Reserve Ratio Is:
As But Rate Schedules
Much Less (%)
As Than A B C D E
1.5 4.5 4.4 4.3 4.2 3.6
1.5 3.0 4.8 4.7 4.6 4.5 3.8
3.0 4.5 5.1 5.0 4.9 4.8 4.1
4.5 6.0 5.4 5.3 5.2 5.1 4.4
6.0 5.7 5.6 5.5 5.4 5.4
(d) Any adjustment in the amount charged to any employer's
experience account made subsequent to the assignment of rates of
contributions for any calendar year shall not operate to alter the
amount charged to the experience accounts of any other base-period
employers.
(Formerly: Acts 1947, c.208, s.1103; Acts 1955, c.317, s.7; Acts
1965, c.190, s.6; Acts 1967, c.310, s.15; Acts 1971, P.L.355,
SEC.25.) As amended by Acts 1977, P.L.262, SEC.20; Acts 1982,
P.L.136, SEC.1; P.L.225-1985, SEC.3; P.L.171-1991, SEC.2;
P.L.1-1992, SEC.108; P.L.202-1993, SEC.4; P.L.1-1994, SEC.112;
P.L.21-1995, SEC.76; P.L.259-1997(ss), SEC.2; P.L.30-2000,
SEC.2; P.L.273-2003, SEC.3.
Last modified: May 27, 2006