Public-domain · open source
OpenJurist

Va. Code Ann. § 60.2-531

Experience rating tax; table

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

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.

aBENEFIT RATIOS.00.10.20.30.40.50.60.70

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1150.000.080.160.240.320.400.480.56

g1100.000.080.170.250.340.420.510.59

h1050.000.090.180.270.360.450.540.63

i1000.000.100.200.300.400.500.600.70

j950.100.100.210.310.420.520.630.73

k900.100.110.220.330.440.550.660.77

l850.100.110.230.340.460.570.690.80

m800.100.120.240.360.480.600.720.84

n750.100.120.250.370.500.620.750.87

o700.100.130.260.390.520.650.780.91

p650.100.130.270.400.540.670.810.94

q600.100.140.280.420.560.700.840.98

r550.100.140.290.430.580.720.871.01

s500.100.150.300.450.600.750.901.05

aBENEFIT RATIOS.80.901.001.101.201.301.401.50

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1150.640.720.800.880.961.041.121.20

g1100.680.760.850.931.021.101.191.27

h1050.720.810.900.991.081.171.261.35

i1000.800.901.001.101.201.301.401.50

j950.840.941.051.151.261.361.471.57

k900.880.991.101.211.321.431.541.65

l850.921.031.151.261.381.491.611.72

m800.961.081.201.321.441.561.681.80

n751.001.121.251.371.501.621.751.87

o701.041.171.301.431.561.691.821.95

p651.081.211.351.481.621.751.892.02

q601.121.261.401.541.681.821.962.10

r551.161.301.451.591.741.882.032.17

s501.201.351.501.651.801.952.102.25

aBENEFIT RATIOS1.601.701.801.902.002.102.202.30

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1151.281.361.441.521.601.681.761.84

g1101.361.441.531.611.701.781.871.95

h1051.441.531.621.711.801.891.982.07

i1001.601.701.801.902.002.102.202.30

j951.681.781.891.992.102.202.312.41

k901.761.871.982.092.202.312.422.53

l851.841.952.072.182.302.412.532.64

m801.922.042.162.282.402.522.642.76

n752.002.122.252.372.502.622.752.87

o702.082.212.342.472.602.732.862.99

p652.162.292.432.562.702.832.973.10

q602.242.382.522.662.802.943.083.22

r552.322.462.612.752.903.043.193.33

s502.402.552.702.853.003.153.303.45

aBENEFIT RATIOS2.402.502.602.702.802.903.003.10

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1151.922.002.082.162.242.322.402.48

g1102.042.122.212.292.382.462.552.63

h1052.162.252.342.432.522.612.702.79

i1002.402.502.602.702.802.903.003.10

j952.522.622.732.832.943.043.153.25

k902.642.752.862.973.083.193.303.41

l852.762.872.993.103.223.333.453.56

m802.883.003.123.243.363.483.603.72

n753.003.123.253.373.503.623.753.87

o703.123.253.383.513.643.773.904.03

p653.243.373.513.643.783.914.054.18

q603.363.503.643.783.924.064.204.34

r553.483.623.773.914.064.204.354.49

s503.603.753.904.054.204.354.504.65

aBENEFIT RATIOS3.203.303.403.503.603.703.803.90

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1152.562.642.722.802.882.963.043.12

g1102.722.802.892.973.063.143.233.31

h1052.882.973.063.153.243.333.423.51

i1003.203.303.403.503.603.703.803.90

j953.363.463.573.673.783.883.994.09

k903.523.633.743.853.964.074.184.29

l853.683.793.914.024.144.254.374.48

m803.843.964.084.204.324.444.564.68

n754.004.124.254.374.504.624.754.87

o704.164.294.424.554.684.814.945.07

p654.324.454.594.724.864.995.135.26

q604.484.624.764.905.045.185.325.46

r554.644.784.935.075.225.365.515.65

s504.804.955.105.255.405.555.705.85

aBENEFIT RATIOS4.004.104.204.304.404.504.604.70

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1153.203.283.363.443.523.603.683.76

g1103.403.483.573.653.743.823.913.99

h1053.603.693.783.873.964.054.144.23

i1004.004.104.204.304.404.504.604.70

j954.204.304.414.514.624.724.834.93

k904.404.514.624.734.844.955.065.17

l854.604.714.834.945.065.175.295.40

m804.804.925.045.165.285.405.525.64

n755.005.125.255.375.505.625.755.87

o705.205.335.465.595.725.855.986.11

p655.405.535.675.805.946.076.206.20

q605.605.745.886.026.166.206.206.20

r555.805.946.096.206.206.206.206.20

s506.006.156.206.206.206.206.206.20

aBENEFIT RATIOS4.804.905.005.105.205.305.405.50

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1153.843.924.004.084.164.244.324.40

g1104.084.164.254.334.424.504.594.67

h1054.324.414.504.594.684.774.864.95

i1004.804.905.005.105.205.305.405.50

j955.045.145.255.355.465.565.675.77

k905.285.395.505.615.725.835.946.05

l855.525.635.755.865.986.096.206.20

m805.765.886.006.126.206.206.206.20

n756.006.126.206.206.206.206.206.20

o706.206.206.206.206.206.206.206.20

p656.206.206.206.206.206.206.206.20

q606.206.206.206.206.206.206.206.20

r556.206.206.206.206.206.206.206.20

s506.206.206.206.206.206.206.206.20

aBENEFIT RATIOS5.605.705.805.906.006.106.20

bIN PERCENTUM

cFUND BALANCETAXTAXTAXTAXTAXTAXTAXTAX

dFACTORRATERATERATERATERATERATERATERATE

eIN %IN %IN %IN %IN %IN %IN %IN %IN %

f1154.484.564.644.724.804.885.40

g1104.764.844.935.015.105.185.40

h1055.045.135.225.315.405.495.58

i1005.605.705.805.906.006.106.20

j955.885.986.096.196.206.206.20

k906.166.206.206.206.206.206.20

l856.206.206.206.206.206.206.20

m806.206.206.206.206.206.206.20

n756.206.206.206.206.206.206.20

o706.206.206.206.206.206.206.20

p656.206.206.206.206.206.206.20

q606.206.206.206.206.206.206.20

r556.206.206.206.206.206.206.20

s506.206.206.206.206.206.206.20

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.