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Title 8 . Labor and Workforce Development
Chapter 85 . State Employment Training Program
Section 300. Computation of reserve multiple

8 AAC 85.300. Computation of reserve multiple

(a) For the purpose of calculating the reserve rate in AS 23.20.310 (7), the "total amount available for benefits" as of September 30 preceding the rate year shall include interest accrued to the unemployment trust fund account as of that date.

(b) The reserve rate shall be expressed to the fourth decimal place for purposes of computing the reserve multiple in AS 23.20.310 (6). The number in the fourth decimal place of the reserve rate shall be rounded to the next highest number if the number in the fifth decimal place is five or more.

History: Eff. 11/5/74, Register 52

Authority: AS 23.20.045

AS 23.20.310

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Last modified 7/05/2006