Average Calculated Base Assessment greater than $2,000 and less than $3,000
Employer Profile: General Contractor – assessable payroll between $40,000 and $62,000 per year for 2006 to 2008 – average calculated base assessment of $2,535.
Maximum Rule: Since the previous year refund/charge percent for this general contractor is a 4.2% refund, the current year experience percent cannot put the employer in a position that is more than 6% worse than the previous year.
| PRIME Cost |
Previous Year
Refund/Charge Percent
|
Bottom of Experience Incentive Range |
Top of Experience Incentive Range |
Experience Refund or Charge Percent Applied to Account |
Experience Refund or Charge Amount Applied to Account |
| $0.00 |
4.2% Refund |
$132.38 |
$1,456.18 |
5.2% Refund |
$132.38 Refund |
| $1,450.00 |
4.2% Refund |
$132.38 |
$1,456.18 |
0.0% Refund/Charge |
$0.00 Refund/Charge |
| $1,462.66 |
4.2% Refund |
$132.38 |
$1,456.18 |
0.3% Charge |
$6.48 Charge |
Greater than $3,000 and less than $4,000