Equation for Special Benefits

The special benefits in the projection year are equal to the prior year’s special benefits times the change in the number of employees and the yearly increase in average benefits.

The change in the number of employees is calculated as the ratio of the number of employees in the projection year to the prior year’s number of employees.

The yearly increase in average benefits is calculated as the ratio of the number of weeks in the projection year to the previous year’s number of weeks, multiplied by the ratio of the average weekly benefits in the projection year to the previous year’s average weekly benefits.

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