§ 22-4-11-3.5 — Contribution rates after 2010 and before 2021

Indiana § 22-4-11-3.5

• Jurisdiction: Indiana
• Art. 4: UNEMPLOYMENT COMPENSATION SYSTEM
• Ch. 11: Employer Experience Accounts

Text

5. (a) For calendar years after 2010 and before
2021, if the conditions 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 therefore eligible according to each employer's credit reserve
ratio. Each employer shall be assigned the contribution rate appearing
in the applicable schedule A through I on the line opposite the
employer's credit reserve ratio as set forth in the rate schedule below:
(b) For calendar years after 2010 and before 2021, if the conditions
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 debit balance and who are therefore
eligible according to each employer's debit reserve ratio. Each
employer shall be assigned the contribution rate appearing in the
applicable schedule A through I on the line opposite the employer's
debit reserve ratio as set forth in the rate schedule below:

Legislative History

As added by P.L.175-2009, SEC.15. Amended by P.L.110-2010, SEC.29; P.L.158-2020, SEC.2.