Type of Rating | Benefit Ratio | |
Taxable Wage Base | $7,000 | |
Minimum Tax Rate | .1% (.001) | |
Maximum Tax Rate | 5.4% (.054) | |
Short Time Compensation Employers | 6.4% (.064) | |
Weekly Benefit Amount | 12 weeks only | $275 |
Tax Rating Period | 7/1 - 6/30 | |
Tax Year | 1/1 - 12/31 | |
New Employer Rate | 2.7% (.027) | |
Voluntary Contributions | No | |
Tax Rate Notices | Usually mailed in December |
INTERPRETATION OF AVAILABLE INFORMATION AT TIME OF PRESENTATION BELIEVED TO BE CORRECT BUT NOT GUARANTEED