§ 60.2-531. Experience rating tax; table

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Code of Virginia
Title 60.2. Unemployment Compensation
Chapter 5. Taxation

12/12/2024

§ 60.2-531. Experience rating tax; table.

Subject to the provisions of § 60.2-533, the experience rating tax rate for each employer for the calendar year 1982 and subsequent years shall be the percent in the column corresponding to the employer's benefit ratio, except that if the employer's benefit ratio exceeds 6.2 percent, the column under 6.2 percent shall be the appropriate column, and in the line corresponding to the fund balance factor for the year pursuant to § 60.2-533.

a	BENEFIT RATIOS	.00	.10	.20	.30	.40	.50	.60	.70
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	0.00	0.08	0.16	0.24	0.32	0.40	0.48	0.56
g	110	0.00	0.08	0.17	0.25	0.34	0.42	0.51	0.59
h	105	0.00	0.09	0.18	0.27	0.36	0.45	0.54	0.63
i	100	0.00	0.10	0.20	0.30	0.40	0.50	0.60	0.70
j	95	0.10	0.10	0.21	0.31	0.42	0.52	0.63	0.73
k	90	0.10	0.11	0.22	0.33	0.44	0.55	0.66	0.77
l	85	0.10	0.11	0.23	0.34	0.46	0.57	0.69	0.80
m	80	0.10	0.12	0.24	0.36	0.48	0.60	0.72	0.84
n	75	0.10	0.12	0.25	0.37	0.50	0.62	0.75	0.87
o	70	0.10	0.13	0.26	0.39	0.52	0.65	0.78	0.91
p	65	0.10	0.13	0.27	0.40	0.54	0.67	0.81	0.94
q	60	0.10	0.14	0.28	0.42	0.56	0.70	0.84	0.98
r	55	0.10	0.14	0.29	0.43	0.58	0.72	0.87	1.01
s	50	0.10	0.15	0.30	0.45	0.60	0.75	0.90	1.05

a	BENEFIT RATIOS	.80	.90	1.00	1.10	1.20	1.30	1.40	1.50
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	0.64	0.72	0.80	0.88	0.96	1.04	1.12	1.20
g	110	0.68	0.76	0.85	0.93	1.02	1.10	1.19	1.27
h	105	0.72	0.81	0.90	0.99	1.08	1.17	1.26	1.35
i	100	0.80	0.90	1.00	1.10	1.20	1.30	1.40	1.50
j	95	0.84	0.94	1.05	1.15	1.26	1.36	1.47	1.57
k	90	0.88	0.99	1.10	1.21	1.32	1.43	1.54	1.65
l	85	0.92	1.03	1.15	1.26	1.38	1.49	1.61	1.72
m	80	0.96	1.08	1.20	1.32	1.44	1.56	1.68	1.80
n	75	1.00	1.12	1.25	1.37	1.50	1.62	1.75	1.87
o	70	1.04	1.17	1.30	1.43	1.56	1.69	1.82	1.95
p	65	1.08	1.21	1.35	1.48	1.62	1.75	1.89	2.02
q	60	1.12	1.26	1.40	1.54	1.68	1.82	1.96	2.10
r	55	1.16	1.30	1.45	1.59	1.74	1.88	2.03	2.17
s	50	1.20	1.35	1.50	1.65	1.80	1.95	2.10	2.25

a	BENEFIT RATIOS	1.60	1.70	1.80	1.90	2.00	2.10	2.20	2.30
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	1.28	1.36	1.44	1.52	1.60	1.68	1.76	1.84
g	110	1.36	1.44	1.53	1.61	1.70	1.78	1.87	1.95
h	105	1.44	1.53	1.62	1.71	1.80	1.89	1.98	2.07
i	100	1.60	1.70	1.80	1.90	2.00	2.10	2.20	2.30
j	95	1.68	1.78	1.89	1.99	2.10	2.20	2.31	2.41
k	90	1.76	1.87	1.98	2.09	2.20	2.31	2.42	2.53
l	85	1.84	1.95	2.07	2.18	2.30	2.41	2.53	2.64
m	80	1.92	2.04	2.16	2.28	2.40	2.52	2.64	2.76
n	75	2.00	2.12	2.25	2.37	2.50	2.62	2.75	2.87
o	70	2.08	2.21	2.34	2.47	2.60	2.73	2.86	2.99
p	65	2.16	2.29	2.43	2.56	2.70	2.83	2.97	3.10
q	60	2.24	2.38	2.52	2.66	2.80	2.94	3.08	3.22
r	55	2.32	2.46	2.61	2.75	2.90	3.04	3.19	3.33
s	50	2.40	2.55	2.70	2.85	3.00	3.15	3.30	3.45

a	BENEFIT RATIOS	2.40	2.50	2.60	2.70	2.80	2.90	3.00	3.10
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	1.92	2.00	2.08	2.16	2.24	2.32	2.40	2.48
g	110	2.04	2.12	2.21	2.29	2.38	2.46	2.55	2.63
h	105	2.16	2.25	2.34	2.43	2.52	2.61	2.70	2.79
i	100	2.40	2.50	2.60	2.70	2.80	2.90	3.00	3.10
j	95	2.52	2.62	2.73	2.83	2.94	3.04	3.15	3.25
k	90	2.64	2.75	2.86	2.97	3.08	3.19	3.30	3.41
l	85	2.76	2.87	2.99	3.10	3.22	3.33	3.45	3.56
m	80	2.88	3.00	3.12	3.24	3.36	3.48	3.60	3.72
n	75	3.00	3.12	3.25	3.37	3.50	3.62	3.75	3.87
o	70	3.12	3.25	3.38	3.51	3.64	3.77	3.90	4.03
p	65	3.24	3.37	3.51	3.64	3.78	3.91	4.05	4.18
q	60	3.36	3.50	3.64	3.78	3.92	4.06	4.20	4.34
r	55	3.48	3.62	3.77	3.91	4.06	4.20	4.35	4.49
s	50	3.60	3.75	3.90	4.05	4.20	4.35	4.50	4.65

a	BENEFIT RATIOS	3.20	3.30	3.40	3.50	3.60	3.70	3.80	3.90
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	2.56	2.64	2.72	2.80	2.88	2.96	3.04	3.12
g	110	2.72	2.80	2.89	2.97	3.06	3.14	3.23	3.31
h	105	2.88	2.97	3.06	3.15	3.24	3.33	3.42	3.51
i	100	3.20	3.30	3.40	3.50	3.60	3.70	3.80	3.90
j	95	3.36	3.46	3.57	3.67	3.78	3.88	3.99	4.09
k	90	3.52	3.63	3.74	3.85	3.96	4.07	4.18	4.29
l	85	3.68	3.79	3.91	4.02	4.14	4.25	4.37	4.48
m	80	3.84	3.96	4.08	4.20	4.32	4.44	4.56	4.68
n	75	4.00	4.12	4.25	4.37	4.50	4.62	4.75	4.87
o	70	4.16	4.29	4.42	4.55	4.68	4.81	4.94	5.07
p	65	4.32	4.45	4.59	4.72	4.86	4.99	5.13	5.26
q	60	4.48	4.62	4.76	4.90	5.04	5.18	5.32	5.46
r	55	4.64	4.78	4.93	5.07	5.22	5.36	5.51	5.65
s	50	4.80	4.95	5.10	5.25	5.40	5.55	5.70	5.85

a	BENEFIT RATIOS	4.00	4.10	4.20	4.30	4.40	4.50	4.60	4.70
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	3.20	3.28	3.36	3.44	3.52	3.60	3.68	3.76
g	110	3.40	3.48	3.57	3.65	3.74	3.82	3.91	3.99
h	105	3.60	3.69	3.78	3.87	3.96	4.05	4.14	4.23
i	100	4.00	4.10	4.20	4.30	4.40	4.50	4.60	4.70
j	95	4.20	4.30	4.41	4.51	4.62	4.72	4.83	4.93
k	90	4.40	4.51	4.62	4.73	4.84	4.95	5.06	5.17
l	85	4.60	4.71	4.83	4.94	5.06	5.17	5.29	5.40
m	80	4.80	4.92	5.04	5.16	5.28	5.40	5.52	5.64
n	75	5.00	5.12	5.25	5.37	5.50	5.62	5.75	5.87
o	70	5.20	5.33	5.46	5.59	5.72	5.85	5.98	6.11
p	65	5.40	5.53	5.67	5.80	5.94	6.07	6.20	6.20
q	60	5.60	5.74	5.88	6.02	6.16	6.20	6.20	6.20
r	55	5.80	5.94	6.09	6.20	6.20	6.20	6.20	6.20
s	50	6.00	6.15	6.20	6.20	6.20	6.20	6.20	6.20

a	BENEFIT RATIOS	4.80	4.90	5.00	5.10	5.20	5.30	5.40	5.50
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	3.84	3.92	4.00	4.08	4.16	4.24	4.32	4.40
g	110	4.08	4.16	4.25	4.33	4.42	4.50	4.59	4.67
h	105	4.32	4.41	4.50	4.59	4.68	4.77	4.86	4.95
i	100	4.80	4.90	5.00	5.10	5.20	5.30	5.40	5.50
j	95	5.04	5.14	5.25	5.35	5.46	5.56	5.67	5.77
k	90	5.28	5.39	5.50	5.61	5.72	5.83	5.94	6.05
l	85	5.52	5.63	5.75	5.86	5.98	6.09	6.20	6.20
m	80	5.76	5.88	6.00	6.12	6.20	6.20	6.20	6.20
n	75	6.00	6.12	6.20	6.20	6.20	6.20	6.20	6.20
o	70	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20
p	65	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20
q	60	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20
r	55	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20
s	50	6.20	6.20	6.20	6.20	6.20	6.20	6.20	6.20

a	BENEFIT RATIOS	5.60	5.70	5.80	5.90	6.00	6.10	6.20
b	IN PERCENTUM
c	FUND BALANCE	TAX	TAX	TAX	TAX	TAX	TAX	TAX	TAX
d	FACTOR	RATE	RATE	RATE	RATE	RATE	RATE	RATE	RATE
e	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %	IN %
f	115	4.48	4.56	4.64	4.72	4.80	4.88	5.40
g	110	4.76	4.84	4.93	5.01	5.10	5.18	5.40
h	105	5.04	5.13	5.22	5.31	5.40	5.49	5.58
i	100	5.60	5.70	5.80	5.90	6.00	6.10	6.20
j	95	5.88	5.98	6.09	6.19	6.20	6.20	6.20
k	90	6.16	6.20	6.20	6.20	6.20	6.20	6.20
l	85	6.20	6.20	6.20	6.20	6.20	6.20	6.20
m	80	6.20	6.20	6.20	6.20	6.20	6.20	6.20
n	75	6.20	6.20	6.20	6.20	6.20	6.20	6.20
o	70	6.20	6.20	6.20	6.20	6.20	6.20	6.20
p	65	6.20	6.20	6.20	6.20	6.20	6.20	6.20
q	60	6.20	6.20	6.20	6.20	6.20	6.20	6.20
r	55	6.20	6.20	6.20	6.20	6.20	6.20	6.20
s	50	6.20	6.20	6.20	6.20	6.20	6.20	6.20

1981, c. 606, § 60.1-84.1; 1986, c. 480; 1987, c. 114; 1988, c. 766; 1995, c. 515.

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§ 60.2-531. Experience rating tax; table.

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