Rhode Island § 28-43-8.3 § 28-43-8.3. Rate where no experience.

Rhode Island Statutes

§ 28-43-8.3 — § 28-43-8.3. Rate where no experience.

Rhode Island § 28-43-8.3

Title 28Labor and Labor Relations

Ch. 28-43Employment Security â€” Contributions

This text of Rhode Island § 28-43-8.3 (§ 28-43-8.3. Rate where no experience.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 28-43-8.3 (2026).

Text

§ 28-43-8.3. Rate where no experience.
Notwithstanding any inconsistent provisions of chapters 42 — 44 of this title, each
            employer who or that has not been subject to this chapter for a sufficient period
            of time to be eligible for any experience rate under this chapter shall pay contributions
            at a rate not exceeding four and two tenths percent (4.2%) that is the higher of one
            percent (1%) or the state's five-year (5) benefit cost rate for employers not eligible
            for any experience rate under this chapter. For the purposes of this section, the
            state's five-year (5) benefit cost rate for employers not eligible for any experience
            rate under

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§ 28-43-8.3. Rate where no experience.

Notwithstanding any inconsistent provisions of chapters 42 — 44 of this title, each employer who or that has not been subject to this chapter for a sufficient period of time to be eligible for any experience rate under this chapter shall pay contributions at a rate not exceeding four and two tenths percent (4.2%) that is the higher of one percent (1%) or the state's five-year (5) benefit cost rate for employers not eligible for any experience rate under this chapter. For the purposes of this section, the state's five-year (5) benefit cost rate for employers not eligible for any experience rate under this chapter shall be computed annually and shall be derived by dividing the total dollar amount of benefits charged to employers not eligible for any experience rate under chapters 42 — 44 of this title during the five (5) consecutive experience years immediately preceding the computation year by the total dollar amount of wages paid by employers not eligible for any experience rate under this chapter and subject to contributions under chapters 42 — 44 of this title during the same period.