Sec. 11. As provided in section 10(b) of this chapter, the amount of a public employer's claim decreases over time as follows:
(1) If the subsequent public employer hires an individual not more than one (1) year after the individual's certification date, one hundred percent (100%) of costs are reimbursable to the preceding public employer.
(2) If the subsequent public employer hires an individual:
(A) more than one (1) year; and
(B) less than two (2) years;
after the individual's certification date, sixty-six percent (66%) of costs are reimbursable to the preceding public employer.
(3) If the subsequent public employer hires an individual:
(A) at least two (2) years; and
(B) less than three (3) years;
after the individual's certification date, thirty-three percent (33%) of costs are reimbursable to the preceding public employer.