The initial contribution rate for new employers without an unemployment insurance history is set at the positive reserve percentage of 10.5 11.0 for the current schedule. Therefore, this rate changes any time the schedule changes. This “new employer rate” remains in effect for two years and then experience rating begins. The experience rating takes into account the following:
Each year during February, you will receive a “Notice of Unemployment Insurance Contribution Rate” (Form 9701) with your annual rate and the data used to calculate it. This rate is used to compute your next four quarterly contribution payments.
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