(820 ILCS 405/1500) (from Ch. 48, par. 570)
Sec. 1500. Rate of contribution.
A. For the six months' period beginning July 1, 1937, and for each of the
calendar years 1938 to 1959, inclusive, each employer shall pay contributions
on wages at the percentages specified in or determined in accordance with
the provisions of this Act as amended and in effect on July 11, 1957.
B. For the calendar years 1960 through 1983,
each employer shall pay contributions equal to 2.7 percent with respect
to wages for insured work paid during each such calendar year, except that
the contribution rate of each employer who has 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 determined as provided in Sections 1501 to 1507, inclusive.
For the calendar year 1984 and each calendar year thereafter, each
employer shall pay contributions at a percentage rate equal
to the greatest of 2.7%, or 2.7% multiplied by the current adjusted State
experience factor, as determined for each calendar year by the Director
in accordance with the provisions of Sections 1504 and 1505, or the average
contribution rate for his major classification in the Standard Industrial
Code,
or another classification sanctioned by the United States Department of Labor
and prescribed by the Director by rule,
with respect to wages for insured work paid during such year. The
Director of Employment Security shall
determine for calendar year 1984 and each calendar year
thereafter by a method pursuant to adopted rules each
individual employer's industrial code and the average contribution rate for
each major classification in the Standard Industrial Code, or each other
classification sanctioned by the United States Department of Labor and
prescribed by the Director by rule. Notwithstanding
the preceding provisions of this paragraph, the contribution rate for
calendar years 1984, 1985 and 1986 of each
employer who has incurred liability for the payment of contributions within
each of the two calendar years immediately preceding the calendar year for
which a rate is being determined,
and the contribution rate for calendar year 1987 and each calendar year
thereafter of each employer who has 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 determined as provided in Sections 1501 to 1507.1, inclusive.
Provided, however, that the contribution rate for calendar years 1989 and
1990 of each employer who has had experience with the risk of unemployment
for at least 13 consecutive months ending June 30 of the preceding calendar
year shall be a rate determined in accordance with this Section or a rate
determined as if it had been calculated in accordance with Sections 1501
through 1507, inclusive, whichever is greater, except that for purposes of
calculating the benefit wage ratio as provided in Section 1503, such
benefit wage ratio shall be a percentage equal to the total of benefit
wages for the 12 consecutive calendar month period ending on the above
preceding June 30, divided by the total wages for insured work subject to
the payment of contributions under Sections 234, 235 and 245 for the same
period and provided, further, however, that the contribution rate for
calendar year 1991 and for each calendar year thereafter of each employer
who has had experience with the risk of unemployment for at least 13
consecutive months ending June 30 of the preceding calendar year shall be a
rate determined in accordance with this Section or a rate determined as if
it had been calculated in accordance with Sections 1501 through 1507.1,
inclusive,
whichever is greater, except that for purposes of calculating the benefit
ratio as provided in Section 1503.1, such benefit ratio shall be a
percentage equal to the total of benefit charges for the 12 consecutive
calendar month period ending on the above preceding June 30, multiplied by
the benefit conversion factor applicable to such year, divided by the total
wages for insured work subject to the payment of contributions under
Sections 234, 235 and 245 for the same period.
C. Except as expressly provided in this Act, the provisions of
Sections 1500 to 1510, inclusive, do not apply to any nonprofit
organization for any period with respect to which it does not incur
liability for the payment of contributions by reason of having elected
to make payments in lieu of contributions, or to any political
subdivision or municipal corporation for any period with respect to
which it is not subject to payments in lieu of contributions under the
provisions of paragraph 1 of Section 302C by reason of having elected to
make payments in lieu of contributions under paragraph 2 of that
Section or to any governmental entity referred to in clause (B) of Section
211.1. Wages paid to an individual which are subject to contributions under
Section 1405 A, or on the basis of which benefits are paid to him which are
subject to payment in lieu of contributions under Sections 1403, 1404, or
1405 B, or under paragraph 2 of Section 302C, shall not become benefit
wages or benefit charges under the provisions of Sections 1501 or
1501.1, respectively, except for purposes of determining a rate of
contribution for 1984 and each calendar year thereafter for any
governmental entity referred to in clause (B) of Section 211.1 which does
not elect to make payments in lieu of contributions.
D. If an employer's business is closed solely because of the
entrance of one or more of the owners, partners, officers, or the
majority stockholder into the armed forces of the United States, or of
any of its allies, or of the United Nations, and, if the business is
resumed within two years after the discharge or release of such person
or persons from active duty in the armed forces, the employer will be
deemed to have incurred liability for the payment of contributions
continuously throughout such period. Such an employer, for the purposes
of Section 1506.1, will be deemed to have paid
contributions upon wages for insured work during the applicable period
specified in Section 1503 on or before the date designated therein,
provided that no wages became benefit wages during the applicable period
specified in Section 1503.
(Source: P.A. 94-301, eff. 1-1-06.)
|