Okla. Stat. tit. 40, § 40-3-108
This is the official text of Okla. Stat. tit. 40, § 40-3-108, part of Oklahoma’s Stat. tit. 40, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 40,." Browse the sections below, each linked to its official government source.
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State experience factor
Official statutory text
STATE EXPERIENCE FACTOR.
The total benefits paid from the Unemployment Compensation Fund
during the experience period, less all amounts credited to the Fund
other than employers' contributions, interest, penalties, fees and
interest earned on the Fund, divided by the statewide total of
benefit wages of all employers for the experience period, after
adjustments to the nearest multiple of one percent (1%) shall be
termed the "state experience factor." The state experience factor
for any year shall be determined prior to the due date of the first
contribution payment on wages for employment in that year.
The total benefits paid from the Unemployment Compensation Fund
during the experience period, less all amounts credited to the Fund
other than employers' contributions, interest, penalties, fees and
interest earned on the Fund, divided by the statewide total of
benefit wages of all employers for the experience period, after
adjustments to the nearest multiple of one percent (1%) shall be
termed the "state experience factor." The state experience factor
for any year shall be determined prior to the due date of the first
contribution payment on wages for employment in that year.
Status: in_force · Read it on the official government site
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