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145 PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW

weekly compensation in calendar year 2018 by a

uniform percentage determined as follows:

(I) The department shall calculate the balance of

the Unemployment Compensation Fund that

would be necessary, as of July 1, 2017, to

determine a trigger percentage of forty per

centum (40%) under section 301.7(a).

(II) The actual balance of the Unemployment

Compensation Fund as of July 1, 2017, shall be

subtracted from the amount calculated under

division (I).

(III) The department shall calculate the percentage

by dividing the amount determined under

division (II) by the average of the benefit costs

calculated under section 301.7(a)(2).

(IV) For calendar year 2018, each claimant's weekly

compensation shall be reduced by the

percentage calculated under division (III),

except that the benefit reduction shall be at

least one-half of one per centum (0.5%) and

not more than one per centum (1%).

(B) If on July 1, 2018, the trigger percentage determined

under section 301.7(a) is less than seventy-five per

centum (75%), the department shall reduce each

claimant's weekly compensation in calendar year

2019 by a uniform percentage determined as follows:

(I) The department shall calculate the balance of

the Unemployment Compensation Fund that

would be necessary, as of July 1, 2018, to

determine a trigger percentage of eighty per

centum (80%) under section 301.7(a).

(II) The actual balance of the Unemployment

Compensation Fund as of July 1, 2018, shall be

subtracted from the amount calculated under

division (I).