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80 PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW
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80 PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW PENNSYLVANIA UNEMPLOYMENT COMPENSATION LAW
(c) For the purpose of redetermining the rates under this section, the
secretary shall utilize the necessary contribution and benefit activity
data from the calendar year immediately preceding the year in which
the redetermination is to be done.
(d) The first redetermination shall be done by June 30, 1992, and the rates shall
be redetermined each fifth succeeding June 30, and the applicable
redetermined rates shall take effect the next January 1.
(e) The redetermined rates shall be rounded in accordance with the following
schedule:
(1) If the rate for the surcharge assessed under section 301.5 is not a
multiple of one-tenth of one per centum (0.1%), it shall be rounded to
the next higher multiple of one-tenth of one per centum (0.1%).
(2) If the rate for the employe tax under section 301.4 is not a multiple of
one-hundredth of one per centum (0.01%), it shall be rounded to the
next higher multiple of one-hundredth of one per centum (0.01%).
(3) If the rate for the additional contribution under section 301.2 is not a
multiple of five-hundredths of one per centum (0.05%), it shall be rounded
to the next higher multiple of five-hundredths of one per centum (0.05%).
(4) If the rate for the benefit reduction under section 404(e)(4) is not a
multiple of one-tenth of one per centum (0.1%), it shall be rounded to
the next higher multiple of one-tenth of one per centum (0.1%). (301.8 added Oct. 19, 1988, P.L.818, No.109) Compiler’s Note: Section 18(4) of Act 60 of 2012, which amended subsec. (b), provided that the amendment of subsec. (b) shall apply to the redetermination of contribution rates and the benefit reduction to occur under section 301.8 in 2012 and each fifth year thereafter for purposes of contribution rates and the benefit reduction for calendar year 2013 and thereafter, respectively. Section 301.9. Service and Infrastructure Improvement Fund.--
(a) There is established a restricted account in the State Treasury to be known as
the Service and Infrastructure Improvement Fund.