Experience modification factor definition

Experience modification factor means a value assigned to an employer as determined by a rate
Experience modification factor means a value assigned to
Experience modification factor means a value assigned to an employer as determined by a rate service organization in accordance with its uniform experience rating plan required to be filed pursuant to subsection D of § 38.2-1913.

Examples of Experience modification factor in a sentence

  • Experience modification factor, estimated contract amount, description of work, payroll data, labor classifications, rates and premiums, 5.

Related to Experience modification factor

  • Inflation Factor means a number determined for each tax year by dividing the consumer price

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.