Colorado announces its contribution rates for 2020
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Friday, January 24, 2020

Colorado announces its contribution rates for 2020

By Payroll and Entitlements Editorial Staff

Contribution rates in Colorado for 2020 fall under the Standard Premium Rate Schedule providing for reserve ratios from “0.008 to 0.011.” These rates range from 0.58% to 3.17% for positive employers and from 4.06% to 7.40% for negative employers, with unrated employers paying 3.42%. The base rates for new employers in 2020 are as follows: 1.7%, nonconstruction; 1.7%, general construction; 5.94%, heavy construction; 1.7%, trades; and 0.3%, political subdivisions (DLE Communication).

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