12-172 C.M.R. ch. 21, § 2 - Determining employer's contribution

For purposes of subsection 9 of section 1193 of the Employment Security Law, when both the individual and a base period or chargeable employer made contributions to the retirement pension plan, the following procedure will be used in order to determine the employer's percentage of the contributions to the plan:

A. Step 1: Subtract the employee's contributions to the plan from the established annuity value as determined by the employer or the employer's pension administrator.

B. Step 2: Divide the employer's contributions by the established annuity value.

Notes

12-172 C.M.R. ch. 21, § 2