56 Ill. Adm. Code 2770.101

Post 2002 Industrial Classification

Last amended: 2003Year: 2026Length: 304 wordsOfficial source
Section 2770.101  Post 2002 Industrial Classification a)         Each employer subject to the Act shall be assigned an industrial classification number based on its primary activity. 1)         Each employer shall be assigned to a major Economic Sector based on the first two digits of the industrial classification number: Digits Economic Sector 11 Agriculture, Forestry, Fishing and Hunting 21 Mining 22 Utilities 23 Construction 31-33 Manufacturing 42 Wholesale Trade 44-45 Retail Trade 48-49 Transportation and Warehousing 51 Information 52 Finance and Insurance 53 Real Estate and Rental and Leasing 54 Professional, Scientific and Technical Services 55 Management of Companies and Enterprises 56 Administrative and Support and Waste Management 61 Educational Services 62 Health Care and Social Assistance 71 Arts, Entertainment and Recreation 72 Accommodation and Food Services 81 Other Services (except Public Administration) 92 Public Administration 99 Unclassified 2)         The methodology for the classifications in subsection (a)(1) shall be based upon the North American Industry Classification System Manual, U.S. Office of Management and Budget (2002), which shall be incorporated and adopted by reference. 3)         The general classifications to be used shall be those set forth in the above cited Manual. b)         Each employer not eligible for an experience rate and in an Economic Sector where the mean average contribution rate for experience rated employers is greater than the rates set forth in Section 2770.106(a)(1) or (2) or (3), as applicable, shall be notified in writing of its industrial classification and rate of contribution. c)         An industrial classification that is properly assigned pursuant to subsection (a)(2) at the beginning of each calendar year or the date of liability, whichever is later, shall be final and conclusive for rate determination purposes for that entire calendar year. d)         This Section shall apply with respect to the calculation of contribution rates for calendar year 2003 and each calendar year thereafter.
56 Ill. Adm. Code 2770.101: Post 2002 Industrial Classification | Justis AI