Current through Register Vol. 48, No. 38, September 20, 2024
a) For calendar
year 2003 and each calendar year thereafter, the contribution rate under
Section 1500(B) of the Act, for each employer who has not incurred liability
for the payment of contributions within each of the three calendar years
immediately preceding the calendar year for which a rate is being determined,
shall be the greater of:
1)2.7 %, plus any
applicable fund building rate, as imposed by Section 1506.3 of the Act
[820
ILCS 405/1506.3] ; or
2) 2.7%, multiplied by the adjusted State
experience factor, plus any applicable fund building rate, as imposed by
Section 1506.3 of the Act; or
3)
The employer's contribution rate calculated pursuant to Sections 1501 through
1507 of the Act [820 ILCS 405/1501 through 1507 ], but only if this employer
has had at least 13 consecutive months experience with the risk of unemployment
by the June 30 preceding the calendar year for which a rate is being
determined, plus any applicable fund building rate, as imposed by Section
1506.3 of the Act; or
4) The mean
average contribution rate of all experience rated employers within the specific
Economic Sector, plus any applicable fund building rate, as imposed by Section
1506.3 of the Act.
A) The mean average
contribution rate for an Economic Sector shall be determined by adding the
rates of all experience rated employers in that sector and dividing the sum by
the number of the employers. The rate computation shall be made for each of the
applicable years as of July 31 of the preceding year. Any change in the
industrial classification or the contribution rate of the experience rated
employers made after the date of computation shall not affect the established
average rate for the Economic Sector.
B) Experience rated employers whose liability
was terminated on or before July 31 of the calendar year used in the
computation in subsection (a)(4)(A) shall be included for computation purposes,
unless prior to such date, a successor has succeeded to the experience rating
record of the employer. In these instances, only the successor rate shall be
used.
b) The
mean average contribution rate for each Economic Sector, determined pursuant to
subsection (a)(4)(A) and (B), shall be announced annually by the Director,
during the last quarter of the year preceding the applicable year. For calendar
year 2009 and each calendar year thereafter, the Director shall announce the
contribution rate calculated for an Economic Sector pursuant to subsection
(a)(4) by posting it on the Department's website,
www.ides.state.il.us, during the last
quarter preceding the applicable year, and not by rulemaking.
c) Appeals from any determinations under
Section
2770.101
or
2770.106
shall be taken pursuant to and governed by Section 1509 of the Act.
