PUBLIC LAWS-CH. 117-JUNE 4, 1943 "(C) FUTURE RATES BASED ON BENEFIT EXPERIENCE. - Employer accounts. "(1) The Board shall maintain a separate account for each employer, and shall credit his account with all of the contributions paid by him after June 30, 1939, with respect to employment subse- quent to May 31, 1939. Chargeability of "(2) Benefits paid to an individual with respect to any week of benefitpayments unemployment which was based on an initial claim filed after June 30, 1939, and before July 1, 1940, shall be charged against the account of his most recent employer. Benefits paid to an individual on an initial claim for benefits filed after June 30, 1940, shall be charged against the accounts of his base period employers. The amount of benefits so chargeable against each base period employer's account shall bear the same ratio to the total benefits paid to an individual as the base period wages paid to the individual by such employer bear to the total amount of the base period wages paid to the individual by all of his base period employers. Standardrate. "(3) The standard rate of contributions payable by each employer shall be 2.7 per centum. Restriction on re- "(4) (i) No employer's rate of contribution for any calendar year or part thereof shall be reduced below the standard rate unless and until his account could have been charged with benefits paid through- out the thirty-six-consecutive-calendar-month period ending on the computation date applicable to such year or part thereof. enrtage differ- (ii) If the amount in the fund as of the computation date is less than 5 per centum of the total pay rolls subject to contributions under this Act for the twelve-consecutive-month period ending on said computation date, the contribution rate for each employer shall be increased by the percentage differential between said 5 per centum of such total pay rolls and said fund's percentage of such total pay rolls, but in no event shall the contribution rate for any employer be more than 2.7 per centum. Said percentage differential for each employer shall be computed to the next highest one-tenth of 1 per centum. 2.4 If on Ldec. s 0f" (iii) If, on December 20 of any calendar year, the amount in anyyear. tile fund becomes less than 2.4 per centum of the total annual lay rolls subject to contribution under this Act for the twelve-colnsecu- tive-mlolth period ending on the preceding June 30, the Board shall make a declaration to that effect. Effective the quarter fol- lowing such announcement, each employer's rate of contribution shall be the standard rate. Rate, etc., for un- completed portion "(5) The Board shall for any uncompleted portion of the calendar year. year beginning with the effective date of this Act and for each calendar year thereafter classify employers in accordance with their actual experience in the payment of contributions and with respect to benefits charged against their accounts. Each employer's rate for such uncompleted year and each subsequent calendar year shall be determined on the basis of his record through the applicable computation date. poaiure to file re- "(6) If. as of the date such classification of employers is made, the Board finds that an employing unit has failed to file any report in connection therewith, or has filed a report which the Board finds incorrect or insufficient, the Board shall make an estimate of the infor- mation required from such employing unit on the basis of the best evidence reasonably available to it at the time, and notify the employ- ing unit thereof by registered mail addressed to its last-known address. Unless such employing unit shall file the report or a correct or sufficient report, as the case may be, within fifteen days after the mailing of such notice, the Board shall compute such employing unit's rate of contri- bution on the basis of such estimates, and the rates so determined shall [57 STAT.
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