Benefit ratio definition

Benefit ratio means a number computed to six decimal places on July 1 of each year obtained by dividing the average of all benefits charged to an employer during the five periods of four consecutive calendar quarters immediately preceding the computation date by the employer’s average annual taxable payroll.

Benefit ratio means the quotient of total benefits charged to an employer's account and paid during the preceding experience period divided by total taxable wages payable by the employer for that experience period excluding any portion of wages for which contributions were not paid as of July 31 of the preceding calendar year;

Benefit ratio means the result determined by dividing an employer’s benefit charges by the employer’s taxable payroll.

Examples of Benefit ratio in a sentence

• Cost Benefit ratio was computed by the method adopted by Siddiqui et al.

• The estimate of Cost Benefit ratio for flood control aspect alone could also be calculated.

• Benefit ratio of Thu Duc Trading and Import Export JSC: 100%.Proportion of voting rights: 100%.

• Table 4 - Benefit ratios and replacement rates (in %) Source: Commission services, EPC.Note: The 'Benefit ratio' is the average benefit of public pension and public and private pensions, respectively, as a share of the economy-wide average wage (gross wages and salaries in relation to employees), as calculated by the Commission.

• VA/VHA projects a net loss of $ 8,333,366.90 (total costs $11,374,046.10 – projected collections $3,040,679.20), or a Cost to Benefit ratio of .267 to 1, resulting in a non-favorable CBA ratio.

• Benefits paid under the RUIA for an employee’s days of unemployment or days of sickness are paid from this Account.(b) Benefit ratio.

• Benefit ratio contributions received.(204.1 added July 1, 1985, P.L.96, No.30) Section 205.

• Table 3: Decomposing pension spending as a % of GDP between 2000 and 2050 Notes: Dependency ratio is population aged 55+ as % of population aged 15 to 64 Employment (inverse) ratio is population aged 15-64 as % of persons employed Benefit ratio is average pension as % of GDP per person employedEligibility ratio is number of pension beneficiaries as % of persons aged 55+Source: Economic Policy Committee (2001).

• Should SAICA amend this RFQ, amendment will be sent to each Bidder in writing.

• Here, Social Profitability (SP), Domestic Resource Cost (DRC) and Social Cost Benefit ratio (SCB) were used to measure comparative advantage.4.5.1.3. Social Profitability (SP) – The social profit reflects social opportunity costs and it measures efficiency and comparative advantage.

More Definitions of Benefit ratio

Benefit ratio means the price of the Company's share in the TASE on the record date for the right to participate in the said issuance of rights divided by the base price of the Company's share in the TASE “ex-rights”.

Benefit ratio means the quotient of total benefits charged to an employer's account and paid during the preceding experience period divided by total taxable wages payable by the employer for that experience period excluding any