IC 22-4-11-3.7: Contribution rates after 2020

Sec. 3.7. (a) For calendar years after 2020, 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 E on the line opposite the employer's credit reserve ratio as set forth in the rate schedule below:

RATE SCHEDULE FOR ACCOUNTS

WITH CREDIT BALANCES

When the Credit Reserve Ratio Is:

As | But | Rate Schedules

Much | Less | (%)

As | Than | A | B | C | D | E

3.00 | | 0.75 | 0.70 | 0.50 | 0.40 | 0.20

2.80 | 3.00 | 1.00 | 0.90 | 0.70 | 0.50 | 0.30

2.60 | 2.80 | 1.30 | 1.10 | 0.90 | 0.70 | 0.30

2.40 | 2.60 | 1.60 | 1.40 | 1.20 | 1.00 | 0.50

2.20 | 2.40 | 1.90 | 1.70 | 1.40 | 1.20 | 0.60

2.00 | 2.20 | 2.20 | 1.90 | 1.60 | 1.20 | 0.60

1.80 | 2.00 | 2.50 | 2.20 | 1.80 | 1.40 | 0.80

1.60 | 1.80 | 2.80 | 2.40 | 2.00 | 1.60 | 1.00

1.40 | 1.60 | 3.10 | 2.70 | 2.30 | 1.90 | 1.30

1.20 | 1.40 | 3.40 | 3.00 | 2.50 | 2.00 | 1.40

1.00 | 1.20 | 3.70 | 3.20 | 2.70 | 2.10 | 1.50

0.80 | 1.00 | 4.00 | 3.50 | 2.90 | 2.30 | 1.70

0.60 | 0.80 | 4.30 | 3.70 | 3.10 | 2.50 | 1.90

0.40 | 0.60 | 4.60 | 4.00 | 3.40 | 2.80 | 2.00

0.20 | 0.40 | 4.90 | 4.30 | 3.60 | 2.80 | 2.00

0.00 | 0.20 | 5.20 | 4.50 | 3.80 | 3.00 | 2.20

(b) For calendar years after 2020, 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 E on the line opposite the employer's debit reserve ratio as set forth in the rate schedule below:

RATE SCHEDULE FOR ACCOUNTS

WITH DEBIT BALANCES

When the Debit Reserve Ratio Is:

As | But | Rate Schedules

Much | Less | (%)

As | Than | A | B | C | D | E

0.00 | 1.50 | 6.75 | 5.90 | 4.90 | 3.90 | 3.20

1.50 | 3.00 | 7.00 | 6.10 | 5.10 | 4.10 | 3.40

3.00 | 4.50 | 7.25 | 6.30 | 5.30 | 4.30 | 3.60

4.50 | 6.00 | 7.50 | 6.50 | 5.50 | 4.40 | 3.80

6.00 | 8.00 | 7.75 | 6.70 | 5.70 | 4.50 | 3.90

8.00 | 10.00 | 8.25 | 7.20 | 6.00 | 4.80 | 4.10

10.00 | 12.00 | 8.75 | 7.60 | 6.40 | 5.20 | 4.40

12.00 | 14.00 | 9.25 | 8.00 | 6.80 | 5.40 | 4.60

14.00 | 16.00 | 9.75 | 8.50 | 7.10 | 5.70 | 5.00

16.00 | | 10.20 | 8.90 | 7.40 | 6.00 | 5.40