SECTION VI MERIT RATING PLAN PROCEDURE

For each risk qualified under Section III of the Merit Rating Plan claims listed in the experience tabulation under Section V, Paragraph 4 of the Merit Rating Plan shall be counted. Merit Rating Plan adjustments shall apply based on the following criteria:

1. 1. No compensable employee lost-time injuries – 5 percent (5.0%) discount.
   2. One (1) compensable employee lost-time injury – No discount or surcharge.
   3. Two (2) or more compensable employee lost-time injuries – 5 percent (5.0%) surcharge. The PCRB will determine the appropriate Merit Rating Plan adjustment factors and notify the carrier.