Florida sets its 2019 contribution rates
Thursday, February 21, 2019

Florida sets its 2019 contribution rates

By Payroll and Entitlements Editorial Staff

For 2019, the minimum rate is 0.1% and the maximum rate is 5.4%, except that employers participating in the short-time compensation program will be subject to a maximum rate of 6.4%. New employers pay 2.7% in 2019. The noncharge ratio is .0011, the excess payment ratio is .0002, the gross benefit ratio is .0050, the fund size ratio is -0.0025, the multiplier is -.2400, and the final adjustment ratio is -.0012 (DOR Communication).

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