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allocations

2018-2019GeneralFundlanguage

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12 55.01 60.00 .90 .91250 .9250<br />

13 60.01 65.00 1.00 1.00000 1.0000<br />

14 65.01 70.00 1.10 1.08750 1.0750<br />

15 70.01 75.00 1.25 1.21875 1.1875<br />

16 75.01 80.00 1.40 1.35000 1.3000<br />

17 80.01 85.00 1.60 1.52500 1.4500<br />

18 85.01 90.00 1.90 1.78750 1.6750<br />

19 90.01 95.00 2.20 2.05000 1.9000<br />

20 95.01 100.00 2.60 2.40000 2.2000<br />

(3-A) Beginning January 1, 200818, the commissioner shall compute a reserve multiple<br />

to determine the schedule and planned yield in effect for a rate year. The reserve multiple<br />

is determined by dividing the fund reserve ratio by the average benefit cost rate. The<br />

determination date is October 31st of each calendar year. The schedule and planned yield<br />

that apply for the 12-month period commencing on January 1, 200818 and every January<br />

1st thereafter are shown on the line of the following table that corresponds with the<br />

applicable reserve multiple in column A.<br />

A B C<br />

Reserve Schedule Planned<br />

Multiple<br />

Yield<br />

Over 1.58 A 0.6%<br />

1.50 - 1.57 B 0.7%<br />

191 of 230

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