HARRY HUGHES, Governor

675

on the basis of his experience-rating record, in the following
manner:

(i) The Executive Director shall compute for
each employer a benefit ratio that is the quotient obtained by
dividing the total regular, work sharing and extended benefits
chargeable to his experience-rating record and paid within the
three calendar years immediately preceding the computation date
by the total of his reported annual payrolls for the three
calendar years immediately preceding that computation date.
However, for any employer who has not been subject to the
provisions of this article for a period of time sufficient to
meet the three-calendar-year requirement, that 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 have been reported 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

Benefit

Ratio

Employer's
Basic
Contribution
Rate

.0000--                 ..................................             0.1%

.0001 --   .0009   ..................................             0.2%

.0010 --    .0018   ..................................             0.3%

.0019 --   .0027   ..................................             0.4%

.0028 --   .0036..................................             0.5%

.0037 --    .0045   ..................................             0.6%

.0046 --    .0054   ..................................             0.7%

.0055 --   .0063..................................             0.8%

.0064 --    .0072    ..................................             0.9%

.0073 --   .0081..................................             1.0%

.0082 --    .0090..................................             1-1%

.0091 --   .0099   ..................................             1.2%

.0100 --    .0108..................................             1.3%

.0109 --    .0117   ..................................             1.4%

.0118--   .0126   ..................................             1.5%

.0127 --    .0135   ..................................             1.6%

.0136 --   .0144..................................             1.7%

.0145--    .0153    ..................................             1.8%

.0154--    .0162   ..................................             1.9%

.0163 --    .0171   ..................................             2.0%