| (a) In the event that a covered agency is omitted from the annual assessment for any plan year, that agency will promptly: (1) remit to the Office an assessed amount based on projected payroll and FTEs, as reported by the agency; and (2) reimburse the Office for all covered losses incurred in that plan year in excess of the assessed amount. (b) Notwithstanding §251.507(b) of this subchapter: (1) if an agency has existed for only the two most recent plan years of the weighted three-year rolling average period, then the most recent completed plan year shall constitute 60% of the total for the weighted factors and the next most recent plan year shall constitute 40% of the total for the weighted factors; (2) if an agency has existed for only the most recent plan year of the weighted three-year rolling average period, then the most recent completed plan year shall constitute 100% of the total for the weighted factors; and (3) the assessment for an agency that was not in existence during any of the plan years of the weighted three-year rolling average period shall be calculated using that agency's current or projected payroll and FTEs, as reported by the agency, and the agency's actual claims costs, if any. |
