STATE INFORMATION

SOUTH DAKOTA

Type of Rating   Reserve Ratio
Taxable Wage Base   $15,000
Minimum Tax Rate   .2% (.002)
Maximum Positive Tax Rate   1.6% (.016)
Maximum Negative Tax Rate   10.1% (.101)
Weekly Benefit Amount 26 Weeks $414
Tax Rating Period   7/30 - 6/30
Tax Year   1/1 - 12/31
New Employer Rate 1st Year (1.2% plus .55% Investment Fee) 1.75% (.0175) 
  1st Year - Construction (6% plus .55% Investment Fee) 6.55% (.0655)
  2nd Year and 3rd Year (1% plus .55% Investment Fee) 1.55% (.0155)
  2nd Year  and 3rd Year - Construction (3% plus .55% Investment Fee) 3.55% (.0355)
Voluntary Contributions   Yes
Tax Rate Notices Mailed in November  

INTERPRETATION OF AVAILABLE INFORMATION AT TIME OF PRESENTATION BELIEVED TO BE CORRECT BUT NOT GUARANTEED