61-5-25.2. Employer's contribution rates for 2010 through 2014.
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The employer's reserve ratio for calendar year 2010 and 2011 is the result obtained by dividing the balance of credits existing in the employer's experience-rating account by the total taxable payroll of the employer for the preceding three calendar years. The employer's reserve ratio for calendar year 2012 and thereafter is the result obtained by dividing the balance of credits existing in the employer's experience-rating account as of June thirtieth preceding the year for which the rate is to be computed by the total taxable payroll of the employer for the preceding three fiscal years.
The employer's experience-rating account balance for 2012 and thereafter for the purpose of this section is the balance on July thirty-first of the year preceding the year for which rates are computed and is the difference between the contributions paid through July thirty-first and the benefits paid through the preceding June thirtieth.
Column "A"
Column "B"
Contribution Rate
Reserve Ratio
9.50%
Less than -6.50%
9.00%
-6.50% and Less than -6.00%
8.50%
-6.00% and Less than -5.50%
8.00%
-5.50% and Less than -5.00%
7.50%
-5.00% and Less than -4.50%
7.00%
-4.50% and Less than -4.00%
6.50%
-4.00% and Less than -3.50%
6.00%
-3.50% and Less than -3.00%
5.50%
-3.00% and Less than -2.50%
5.00%
-2.50% and Less than -2.00%
4.50%
-2.00% and Less than -1.50%
4.00%
-1.50% and Less than -1.00%
3.50%
-1.00% and Less than -0.75%
3.00%
-0.75% and Less than -0.50%
2.50%
-0.50% and Less than -0.25%
2.00%
-0.25% and Less than 0.00%
1.50%
0.00% and Less than 0.50%
1.25%
0.50% and Less than 0.75%
1.00%
0.75% and Less than 1.00%
0.50%
1.00% and Less than 1.25%
0.35%
1.25% and Less than 1.50%
0.20%
1.50% and Less than 2.00%
0.10%
2.00% and Less than 2.50%
0.00%
2.50% and Over
The contribution rates provided in this section apply to and are retroactive to taxable wages paid on and after January 1, 2010, through December 31, 2014.