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S.D. Codified Laws § 61-5-25.1

Employer's reserve ratio for 2007 through 2009

Source: SL 2006, ch 267, § 3; SL 2010, ch 247, § 2, eff

The employer's reserve ratio for calendar year 2007 through calendar year 2009 shall be the result obtained by dividing the balance of credits existing in the employer's experience-rating account by the total taxable payroll of the employer for the preceding three calendar years.

Column "A"

Column "B"

Contribution Rate

Reserve Ratio

8.50%

Less than 7.00%

8.00%

7.00% and Less than 6.50%

7.50%

6.50% and Less than 6.00%

7.00%

6.00% and Less than 5.50%

6.50%

5.50% and Less than 5.00%

6.00%

5.00% and Less than 4.50%

5.50%

4.50% and Less than 4.00%

5.00%

4.00% and Less than 3.50%

4.50%

3.50% and Less than 3.00%

4.00%

3.00% and Less than 2.50%

3.50%

2.50% and Less than 2.00%

3.00%

2.00% and Less than 1.50%

2.50%

1.50% and Less than 1.00%

2.00%

1.00% and Less than 0.50%

1.50%

0.50% and Less than 0.00%

1.00%

0.00% and Less than 0.20%

0.90%

0.20% and Less than 0.40%

0.80%

0.40% and Less than 0.60%

0.70%

0.60% and Less than 0.80%

0.60%

0.80% and Less than 1.00%

0.50%

1.00% and Less than 1.20%

0.40%

1.20% and Less than 1.30%

0.30%

1.30% and Less than 1.40%

0.20%

1.40% and Less than 1.50%

0.10%

1.50% and Less than 1.60%

0.00%

1.60% and Over

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.