---
kind: "section"
citation: "20 C.F.R. § 345.201"
title: "20"
number: "345.201"
heading: "Individual employer record defined."
url: "https://uscodex.org/cfr/20/345.201"
---

# §345.201. Individual employer record defined.


Effective January 1, 1990, the Board will establish and maintain a record, hereinafter known as an Individual Employer Record, for each employer subject to this part. As used in this subpart, “Individual Employer Record” means a record of each employer's benefit ratio; reserve ratio; 1-year compensation base; 3-year compensation base; unallocated charge; reserve balance; net cumulative contribution balance; and cumulative benefit balance. See [§ 345.302](/cfr/20/345.302.md) of this part for a definition of these terms. Whenever a new employer begins paying compensation with respect to which contributions are payable under this part, the Board will establish and maintain an individual employer record for such employer.


## Notes

### Authority

Authority: 45 U.S.C. 362(l).

### Source

Source: 61 FR 20072, May 3, 1996, unless otherwise noted.