HARRY HUGHES, Governor                             3239

benefit ratio is the quotient obtained by dividing the total
benefits chargeable to his experience-rating record and paid
during the entire period, ending on December 31 immediately
preceding the computation date, that he has been subject to
this article by the total amount of wages for employment
paid by the employer during the period beginning with the
first day of the calendar quarter in which he first became
subject to the provisions of this article and ending on
December 31 of the calendar year immediately preceding that
computation date, with respect to which wages contributions
have been paid on or before that computation date. That
benefit ratio shall be computed to the fourth decimal point.

        (ii) The contribution rate of each
employer for whom a benefit ratio is computed shall be as
set forth in the table below, hereafter referred to as the
"table of basic rates":

Employer's Employer's Employer's Employer's
Benefit Basic Benefit Basic
Ratio Contribution Ratio Contribution
Rate                                                      Rate

.0000—	0.1%	.0217—.0225	2.6%
.0001.0009	0.2%	.0226—.0234	2.7% 2.8%
.0010—.0018	0.3%	.0235—.0243
.0019—.0027	0.4%	.0244—.0252	2.9%
.0028—.0036	0.5%	.0253—.0261	3.0% 3.1%
.0037—.0045	0.6%	.0262—.0270
.0046—.0054	0.7%	.0271—.0279	3.2%
.0055—.0063	0.8%	.0280—.0288	3.3%
.0064—.0072	0.9%	.0289—.0297	3.4%
.0073—.0081	1.0%	.0298—.0306	3.5%
.0082—.0090	1.1%	.0307—.0315	3.6%
.0091—.0099	1.2%	.0316—.0324	3.7%
.0100—.0108	1.3%	.0325—.0333	3.8%
.0109—.0117	1.4%	.0334—.0342	3.9%
.0118—.0126	1.5%	.0343—.0351	4.0%
.0127—.0135	1.6%	.0352—.0360	4.1%
.0136—.0144	1.7%	.0361—.0369	4.2%
.0145—.0153	1.8%	.0370—.0378	4.3%
.0154—.0162	1.9%	.0379—.0387	4.4%
.0163—.0171	2.0%	.0388—.0396	4.5%
.0172—.0180	2.1%	.0397—.0405	4.6%
.0181—.0189	2.2%	.0406—.0414	4.7%
.0190—.0198	2.3%	.0415—.0423	4.8%
.0199—.0207	2.4%	.0424—.0432	4.9%
.0208—.0216	2.5%	.0433—AND OVER	5.0%

[The maximum basic contribution rate for fiscal years
beginning on or after July 1, 1978 shall be as follows:

Fiscal Year Beginning
July 1, 1978
July 1, 1979
July 1, 1980

Maximum Basic

Contribution Rate
4.2%
4.6%
5.0%]