Ind. Code § 22-4-11-3.7
Contribution rates after 2020
As added by P.L.158-2020, SEC.3.
- (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 | |
As added by P.L.158-2020, SEC.3.