Virginia sets its contribution rates for 2019
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Friday, March 8, 2019

Virginia sets its contribution rates for 2019

By Payroll and Entitlements Editorial Staff

For 2019, the fund balance factor is 80%. There is also a pool cost charge of 0.01%, but there is no fund building charge this year. For 2019, rates range from 0.11% to 6.21%, including the pool cost charge. The new employer rate is 2.51%. In 2019, foreign contractors and delinquent and nonrated employers pay 6.21% (VEC Communication).

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