Indiana Statutes

§ 22-4-2-35 — Credit reserve ratio

Indiana·Art. 4 UNEMPLOYMENT COMPENSATION SYSTEM·Ch. 2 Definitions
An employer's credit reserve ratio is determined on the basis of the relationship that the positive credit balance shown by the employer's experience account as of the computation date bears to the wages paid by the employer or the employer's predecessors for the employment during the thirty-six (36) months immediately preceding the computation date. As added by Acts 1977, P.L.262, SEC.5. Amended by P.L.122-2019, SEC.6.

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