Oklahoma Statutes
§ 40-3-108 — State experience factor.
Oklahoma·Title 40 Labor
STATE EXPERIENCE FACTOR. The total benefits paid from the Unemployment Compensation Fund during the experience period, less all amounts credited to the Fund other than employers' contributions, interest, penalties, fees and interest earned on the Fund, divided by the statewide total of benefit wages of all employers for the experience period, after adjustments to the nearest multiple of one percent (1%) shall be termed the "state experience factor." The state experience factor for any year shall be determined prior to the due date of the first contribution payment on wages for employment in that year.
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Legislative History
Added by Laws 1980, c. 323, § 3-108, eff. July 1, 1980. Amended by Laws 1993, c. 219, § 13, eff. Sept. 1, 1993; Laws 2006, c. 176, § 16, eff. July 1, 2006.
Nearby Sections
15
§ 40-1-101
Short title.§ 40-1-102
Purpose of Act.§ 40-1-103
Declaration of state public policy.§ 40-1-104
Saving clause.§ 40-1-106
Section captions.§ 40-1-107
Construction against implicit repeal.§ 40-1-109
Unemployment benefits impact study.§ 40-1-201
General definitions.§ 40-1-202.1
Extended Base Period.§ 40-1-202.2
Repealed§ 40-1-202A
Renumbered§ 40-1-202B
Renumbered§ 40-1-208
Employer.