N.Y. Labor Law § 577: General account; subsidiary contribution

§ 577. General account; subsidiary contribution. 1. General

account. The general account within the fund shall be continued.

(a) This account shall be credited with

(1) all net earnings on moneys in the fund,

(2) moneys credited to this state pursuant to section nine hundred

three of the federal social security act,

(3) account balances of employers who have ceased to be liable for

contributions under this article and whose accounts are not subject to

transfer in accordance with provisions of section five hundred

eighty-one, subdivision four covering transfers of accounts,

(4) the proceeds of subsidiary contributions,

(5) all moneys improperly paid to claimants and recovered,

(6) contributions which are paid into the fund more than sixty days

after the due date prescribed by regulation of the commissioner,

excepting only contributions paid after such sixty days but prior to

determination and demand by the commissioner, and

(7) benefits based on wages paid in another state and charged to an

employer's account as provided in subdivision five of section five

hundred eighty-one.

(8) monies pursuant to section five hundred eighty-one-b of this

title.

(9) monies pursuant to section five hundred ninety-four of this title.

(b) This account shall be debited with

(1) moneys used by the commissioner upon an appropriation duly made

by the legislature for the administration of the unemployment insurance

law as provided in section five hundred fifty, subdivision three,

(2) refunds of subsidiary contributions,

(3) the amounts of negative balances of employers' accounts, as

provided in section five hundred eighty-one, subdivision one, paragraph

(e),

(4) all moneys paid to claimants which should not have been charged

or are not chargeable to any employer's account;

(5) balances set up as provided in subdivision five of section five

hundred eighty-one; and

(6) all moneys paid to claimants by reason of the application of

paragraph (a) of subdivision twelve of section five hundred ninety of

this article which are not reimbursed to the fund by the federal

government.

2. Subsidiary contributions. (i) Employers shall pay a subsidiary

contribution based on their rate as specified in the subsidiary

contribution schedule as applied to wages paid in the four calendar

quarters immediately subsequent to the computation date. The rate of

each employer's subsidiary contribution shall be the percentage shown in

the column headed by the general account balance as of the computation

date and on the same line designating the range of employer account

percentages in which an individual employer's account is found. The

subsidiary rate for employers who have not been liable for contributions

during at least the five completed calendar quarters ending on the

computation date shall be the highest percentage for those employers

with a positive employer's account percentage. Such subsidiary

contribution shall be paid in addition to any other amounts otherwise

payable under this article, and shall be assessed and collected in the

same manner as the contributions prescribed by section five hundred

seventy of this title. The proceeds of the subsidiary contribution shall

be deposited in the fund and credited to the general account.

(ii) The terms "employer account percentage", "computation date" and

"wages" shall have the meaning prescribed pursuant to article eighteen

of this chapter.

$0 $75 $150 $225 $300 $375 $450 $525 $600

or or or or or or or or or

Employ- more more more more more more more more more

er's but but but but but but but but but

Account Less less less less less less less less less less $650

Percen- than than than than than than than than than than or

tage $0 $75 $150 $225 $300 $375 $450 $525 $600 $650 more

(Dollar amounts in Millions)

Less

than

+0.0% .925% .825% .725% .625% .525% .425% .325% .225% .125% .025% .000%

0.0% or

more but

less than

5.5% .625% .625% .625% .525% .425% .325% .225% .125% .025% .000% .000%

5.5% or

more but

less than

7.5% .625% .625% .525% .425% .325% .225% .125% .025% .000% .000% .000%

7.5% or

more but

less than

9.0% .625% .525% .425% .325% .225% .125% .025% .000% .000% .000% .000%

9.0% or

more .525% .425% .325% .225% .125% .025% .000% .000% .000% .000% .000%