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Terms Used In South Carolina Code 41-31-170

  • Benefit ratio: means :

    (a) for the period of January 1, 2011, through December 31, 2013, the number calculated by dividing the sum of all benefits charged to an employer during the forty calendar quarters immediately preceding the calculation date by the sum of the employer's taxable payroll for the same period. See South Carolina Code 41-31-5
  • Department: means the Department of Employment and Workforce. See South Carolina Code 41-31-5
The department annually shall report to any employer the status of his account showing his total charges against it for benefits paid during the annual period and his benefit ratio as calculated pursuant to § 41-31-5, as applicable. No employer may contest any charge against his account or the status of his account unless he makes protest within thirty days after such report has been mailed by the department.