2005 Arizona Revised Statutes - Revised Statutes §38-797.06 Contribution rate; annual report; definition
A. The board shall:
1. After consulting with its actuary, determine a biennial period contribution rate based on the LTD program experience of the employers and the costs of administering the LTD program.
2. Annually report the current contribution rate to the governor, the president of the senate, the speaker of the house of representatives and each participating political subdivision.
B. For the purposes of this section, "biennial period" means the two year period beginning on July 1 of an odd-numbered year and ending on June 30 of the next odd-numbered year.
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