Twin-City herald. [volume] (Minneapolis, Minn.) 1927-1940, 1937-01-09

curing UIl6 CctdeIludr year 1900,
CD One and eight-tenths per
centum with respect to employment
during the calendar year 1887;
90 Two and seven-tenths per
centum with respect to employment
during the calendar year 1888, 1888
and 1910: and
"a With respect to employment
after December 81, 1910, the per-
centage determined pursuant to
subsection Co of this section and
after December 81, 1887, in accord
ance with the guaranteed employ
ment provisions contained in sub
section Cd of this section.
(e) Future Rates Based On Bene-
fit Experience. Cd The commission
shall maintain separate account
for each employer, and shall credit
his account with all the contribu-
tons which he has paid on his own
behalf. But nothing in this Act
shall be construed to grant any
employer or individuals in his serv-
ice prior claims or rights to the
amounts paid by him into the fund
either on his own behalf or on be-
half of such individuals. Benefits
paid to an eligible individual shall
be charged against the account OF
his most recent employers against
whose accounts the maximum
charges hereunder have not pre-
viously been made in the inverse
chronological order in which the
employment of such individual &C.
CURED, but the maximum amount
so charged against the account OF
any employer shall not exceed one
sixth of the wages payable to such
individual by each such employer
for employment which occurs on
and after the first day of such in
dividual's base period, or sos per
completed calendar quarter Or por-
ton thereof, whichever is the lesser
The commission shall by general
rules prescribe the manner in which
benefits shall be charged against
the accounts of several employers
for whom an individual performed
employment during the same week
(2) The commission may pre-
scribe regulations for the establish
ment, maintenance, and dissolution
of joint accounts by two or more
employers, and shall, in accordance
with such regulations and upon ap-
plication by two or more employers
to establish such an account, or to
merge their several individual &C
counts in joint account, maintain
such joint account as if it consti-
tuted a single employers account.
CD The commission shall, for the
year 1941 and for each calendar
year thereafter, determine the con-
tribution rate of each employer on
the basis of such employers actual
record in the payment of contribu-
tons on his own behalf and with
respect to benefits charged against
his account, in accordance with the
following requirements:
Cd Each employers rate shall be
two and seven-tenths per centum
except as otherwise provided in the
following provisions. No employers
rate shall be less than two and
seven-tenthS per centum unless
there have been three calendar
years throughout which any indi-
vidual in his employ could have
received benefits if eligible.
Gid If, at the beginning of any
calendar year, the total of all con-
tributions paid by the employer on
his Gown behalf for all past years
exceeds the total benefits charged to
his account for all such years, his
contribution rate shall be-
CAD One and eight-tenths per
centum, if such excess equals OF
exceeds seven and one-half per
centum but is less than ten per
centum of his average annual pay
roll.
CD One and three-tenths Of one
per centum if such excess equals OF
exceeds ten percentum of his aver
age annual payroll and is less than
twelve and one-half per centum of
his average annual payroll.
Co Nine-tenths of one per centum
if such excess equals or exceeds
twelve and one-half per centum of
his average annual payroll or if
such excess equals three times the
amount Of total benefits charged to
his account for the preceding
calendar year.
Glib No employers rate for the
period of twelve months commend
ing January first of any calendar
year shall be less than two and
seven-tenths per centum, unless the
total assets of the fund, excluding
contributions not yet paid at the
beginning of such calendar year
exceed the total benefits paid from
the fund within the last preceding
calendar year; and no employers
rate shall be less than one and
eight-tenths per centum unless such
assets at such time were at least
twice the total benefits paid from
the fund within such last preceding
year.
I'D The commission shall eStab-
lish a guaranteed employment ac-
count and shall after the calendar
year 1888 fix the rate of contribu-
ton of each and any employer who
chooses to come under the pro-
visions of this subsection at the
rate of five-tenths of one per CEN
tum of his previous annual pay
roll. on the following terms and
conditions:
Cd If at the beginning of any
calendar year the total of all con-
tributions paid by the employer on
his own behalf in said guaranteed
employment account exceeds the
total benefits charged to his account
for all such years by seven and one
half per centum of his previous an
nual payroll.
CD That said employer has full
filled the terms and conditions of
having furnished to his employees
during the previous calendar year
| not less than the number Of hours