| B. Subject to paragraph A, each employer's contribution |
| rate for the 12-month period commencing January 1st of each |
| year is based upon the employer's experience rating record |
| and determined from the employer's reserve ratio, which is |
| the percent obtained by dividing the amount by which, if |
| any, the employer's contributions credited from the time the |
| employer first or most recently became an employer, |
| whichever date is later, and up to and including June 30th |
| of the preceding year, including any part of the employer's |
| contributions due for that year paid on or before July 31st |
| of that year, exceed the employer's benefits charged during |
| the same period, by the employer's average annual payroll |
| for the 36-consecutive-month period ending June 30th of the |
| preceding year. The employer's contribution rate is the |
| percent shown on the line of the following table on which in |
| column A there is indicated the employer's reserve ratio and |
| under the schedule within which the reserve multiple falls |
| as of September 30th of each year. The following table |
| applies for each 12-month period commencing January 1st of |
| each year as determined by paragraph C. Notwithstanding any |
| other provisions of this paragraph, each employer's |
| contribution rate computed and effective as of July 1, 1981, |
| is for the 6-month period ending December 31, 1981. |
