1. Any member of the Pool that removes an employer previously insured through the Pool shall be eligible for a credit against such member's voluntary assessment base.

2.An offer to remove an employer from the Pool must be made in writing and must state the estimated annual premium, the amount of deposit premium required and the amount of each installment (if available). The kind and amount of voluntary coverage offered shall not be less than that afforded by the policy being replaced unless such kinds and amounts of coverage are refused by the insured.

3.Any carrier, other than an employer’s last voluntary carrier (or member of such carrier’s group), may receive credit for writing an employer out of the Pool regardless of the length of time the employer was written through the residual market. An employer’s last voluntary carrier may not receive credit for an employer removed from the Pool within one calendar year of that carrier (or a member of such carrier's group) having written the same employer in the voluntary market.

4.The credit is available for the first three policy years of voluntary coverage. If voluntary coverage is provided for less than three years, the credit is available only for the period of actual voluntary coverage. No credit is allowed for employers returned to the Pool within the first year of voluntary coverage. Any policy period of over four months shall be considered a full policy year regardless of the actual policy period.

5. Members claim the credit by completing and filing Forms MS-4A and MS-4B with the Pool administrator. A separate request for credit must be filed for each calendar year. Credit requests received after the filing deadline for the annual premium call (March 31^st of each year) may be denied at the discretion of the Pool administrator.

1.Policies for which the first year Voluntary Estimated Annual Premium is less than or equal to the Experience Rating Threshold ($4,500) are eligible for a 2-for-1 credit. All other policies are eligible for a 1-for-1 credit. The first year factor remains in effect for all years for which the credit is available.

2.There is no limit on the amount of credit that may be claimed, provided however, that the credit allowed for any given calendar year shall not reduce the member’s assessable premium below zero for that year. Unused credit for one calendar year may not be carried forward to a subsequent calendar year.

3. The amount of credit allowed for any given policy in a calendar year shall equal to the amount of actual premium for such policy included in the member’s annual statement (page 15) for such calendar year. Premium shall be reported for credit purposes on the same basis as reported in the member’s annual statement. Audit premiums, retro adjustments, etc. applicable to an eligible policy year of voluntary coverage are eligible for the credit in the calendar year in which such adjustments are reflected in the member’s annual statement.