{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/60.2-532.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/60.2-532.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/60.2-532.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/60.2-532.html"}],"law_id":54592,"edition_id":1,"section_id":54592,"structure_id":13145,"section_number":"60.2-532","catch_line":"Pool cost charges","history":"1981, c. 606, \u00a7 60.1-84.2; 1984, c. 458; 1986, c. 480; 1987, c. 114; 1990, c. 908; 1993, c. 249.","full_text":"A\n\nAs of January 1 of each year, to all experience rating tax rates established pursuant to § 60.2-531, to all assigned tax rates established pursuant to §§ 60.2-515, 60.2-526, 60.2-527 and 60.2-538, there shall be added the pool cost charges as determined in subsection B of this section.B\n\nThe pool cost charge rate rounded to the nearest one-hundredth of a percent shall be determined as follows:1\n\nPool costs for a given calendar year shall be those costs defined in subdivision 2 of this subsection for the thirty-six consecutive calendar month period ending on June 30 immediately preceding that calendar year. The pool cost charge rate shall be pool costs divided by payrolls for such period.2\n\nPool costs shall consist of (i) benefit charges which cannot be assigned to an individual employer pursuant to §§ 60.2-210, 60.2-212 through 60.2-219, or subsection C of § 60.2-528, or cannot be charged to an individual employer due to his becoming an inactive account pursuant to § 60.2-210 or § 60.2-509, (ii) the difference in the amount the Commission pays pursuant to subdivision 2 of subsection A of § 60.2-609 and the amount the Commission receives pursuant to subdivision 3 of subsection A of § 60.2-609, and (iii) the difference between the benefit charges of all employers with a maximum experience rating tax rate and the amount of the taxes resulting from applying the maximum experience rating tax rate against the payrolls of the same employers. The term “payrolls” as used in this section shall mean the taxable payroll on which taxes have been paid on or before September 30 immediately following such June 30.3\n\nWhen the fund balance factor for the most recent twelve-month period ending on June 30 of the immediately preceding calendar year is greater than fifty percent, interest earned on the balance which shall stand to the credit of the account of the Commonwealth of Virginia in the Unemployment Trust Fund in the treasury of the United States shall be subtracted from pool costs, except that in no instance shall pool costs be less than zero.","order_by":null,"text":{"0":{"id":200448,"text":"As of January 1 of each year, to all experience rating tax rates established pursuant to § 60.2-531, to all assigned tax rates established pursuant to §§ 60.2-515, 60.2-526, 60.2-527 and 60.2-538, there shall be added the pool cost charges as determined in subsection B of this section.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":200449,"text":"The pool cost charge rate rounded to the nearest one-hundredth of a percent shall be determined as follows:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":200450,"text":"Pool costs for a given calendar year shall be those costs defined in subdivision 2 of this subsection for the thirty-six consecutive calendar month period ending on June 30 immediately preceding that calendar year. The pool cost charge rate shall be pool costs divided by payrolls for such period.","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":200451,"text":"Pool costs shall consist of (i) benefit charges which cannot be assigned to an individual employer pursuant to §§ 60.2-210, 60.2-212 through 60.2-219, or subsection C of § 60.2-528, or cannot be charged to an individual employer due to his becoming an inactive account pursuant to § 60.2-210 or § 60.2-509, (ii) the difference in the amount the Commission pays pursuant to subdivision 2 of subsection A of § 60.2-609 and the amount the Commission receives pursuant to subdivision 3 of subsection A of § 60.2-609, and (iii) the difference between the benefit charges of all employers with a maximum experience rating tax rate and the amount of the taxes resulting from applying the maximum experience rating tax rate against the payrolls of the same employers. The term “payrolls” as used in this section shall mean the taxable payroll on which taxes have been paid on or before September 30 immediately following such June 30.","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":200452,"text":"When the fund balance factor for the most recent twelve-month period ending on June 30 of the immediately preceding calendar year is greater than fifty percent, interest earned on the balance which shall stand to the credit of the account of the Commonwealth of Virginia in the Unemployment Trust Fund in the treasury of the United States shall be subtracted from pool costs, except that in no instance shall pool costs be less than zero.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2"}},"ancestry":[{"id":13145,"edition_id":1,"name":"Computation of Tax Rate","identifier":"4","label":"article","depth":3,"order_by":1,"parent_id":13052,"metadata":{},"date_created":"2026-06-26 03:44:21","date_modified":"2026-06-26 03:44:21","permalink":{"id":267753,"object_type":"structure","relational_id":13145,"identifier":"4","token":"60.2\/5\/4","url":"\/60.2\/5\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13052,"edition_id":1,"name":"Taxation","identifier":"5","label":"chapter","depth":2,"order_by":1,"parent_id":12883,"metadata":{},"date_created":"2026-06-26 03:44:11","date_modified":"2026-06-26 03:44:11","permalink":{"id":267633,"object_type":"structure","relational_id":13052,"identifier":"5","token":"60.2\/5","url":"\/60.2\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12883,"edition_id":1,"name":"Unemployment Compensation","identifier":"60.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":267273,"object_type":"structure","relational_id":12883,"identifier":"60.2","token":"60.2","url":"\/60.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":79525,"structure_id":13145,"section_number":"60.2-525","catch_line":"Statement of employer's benefit charges and taxes","url":"\/60.2-525\/","token":"60.2\/5\/4\/60.2-525","metadata":false},{"id":84523,"structure_id":13145,"section_number":"60.2-526","catch_line":"General provisions","url":"\/60.2-526\/","token":"60.2\/5\/4\/60.2-526","metadata":false},{"id":61763,"structure_id":13145,"section_number":"60.2-527","catch_line":"Tax rate of certain foreign contractors","url":"\/60.2-527\/","token":"60.2\/5\/4\/60.2-527","metadata":false},{"id":60511,"structure_id":13145,"section_number":"60.2-528","catch_line":"Individual benefit charges","url":"\/60.2-528\/","token":"60.2\/5\/4\/60.2-528","metadata":false},{"id":79689,"structure_id":13145,"section_number":"60.2-528.1","catch_line":"Charging of benefits relating to certain overpayments; penalty for pattern of failure to respond to requests for information","url":"\/60.2-528.1\/","token":"60.2\/5\/4\/60.2-528.1","metadata":false},{"id":73637,"structure_id":13145,"section_number":"60.2-529","catch_line":"Employer's benefit charges","url":"\/60.2-529\/","token":"60.2\/5\/4\/60.2-529","metadata":false},{"id":81848,"structure_id":13145,"section_number":"60.2-530","catch_line":"Benefit ratio","url":"\/60.2-530\/","token":"60.2\/5\/4\/60.2-530","metadata":false},{"id":70511,"structure_id":13145,"section_number":"60.2-531","catch_line":"Experience rating tax; table","url":"\/60.2-531\/","token":"60.2\/5\/4\/60.2-531","metadata":false},{"id":54592,"structure_id":13145,"section_number":"60.2-532","catch_line":"Pool cost charges","url":"\/60.2-532\/","token":"60.2\/5\/4\/60.2-532","metadata":false},{"id":77201,"structure_id":13145,"section_number":"60.2-533","catch_line":"Fund balance factor","url":"\/60.2-533\/","token":"60.2\/5\/4\/60.2-533","metadata":false},{"id":54171,"structure_id":13145,"section_number":"60.2-534","catch_line":"Tax rate defined","url":"\/60.2-534\/","token":"60.2\/5\/4\/60.2-534","metadata":false},{"id":82899,"structure_id":13145,"section_number":"60.2-535","catch_line":"Employing unit acquiring business, etc., of another employing unit","url":"\/60.2-535\/","token":"60.2\/5\/4\/60.2-535","metadata":false},{"id":55341,"structure_id":13145,"section_number":"60.2-536","catch_line":"Review of decision under \u00a7 60.2-535","url":"\/60.2-536\/","token":"60.2\/5\/4\/60.2-536","metadata":false},{"id":80870,"structure_id":13145,"section_number":"60.2-536.1","catch_line":"Transfers for the purpose of obtaining a lower unemployment compensation tax rate; assignment of rates","url":"\/60.2-536.1\/","token":"60.2\/5\/4\/60.2-536.1","metadata":false},{"id":69818,"structure_id":13145,"section_number":"60.2-536.2","catch_line":"Advisory opinion by the Commission","url":"\/60.2-536.2\/","token":"60.2\/5\/4\/60.2-536.2","metadata":false},{"id":71778,"structure_id":13145,"section_number":"60.2-536.3","catch_line":"Violations; penalties","url":"\/60.2-536.3\/","token":"60.2\/5\/4\/60.2-536.3","metadata":false},{"id":70450,"structure_id":13145,"section_number":"60.2-536.4","catch_line":"Interpretation","url":"\/60.2-536.4\/","token":"60.2\/5\/4\/60.2-536.4","metadata":false},{"id":87449,"structure_id":13145,"section_number":"60.2-536.5","catch_line":"Definitions","url":"\/60.2-536.5\/","token":"60.2\/5\/4\/60.2-536.5","metadata":false},{"id":73933,"structure_id":13145,"section_number":"60.2-537","catch_line":"Reduced tax rate permissible under federal amendment","url":"\/60.2-537\/","token":"60.2\/5\/4\/60.2-537","metadata":false},{"id":78500,"structure_id":13145,"section_number":"60.2-538","catch_line":"Where employer's taxes are delinquent","url":"\/60.2-538\/","token":"60.2\/5\/4\/60.2-538","metadata":false}],"previous_section":{"id":70511,"structure_id":13145,"section_number":"60.2-531","catch_line":"Experience rating tax; table","url":"\/60.2-531\/","token":"60.2\/5\/4\/60.2-531","metadata":false},"next_section":{"id":77201,"structure_id":13145,"section_number":"60.2-533","catch_line":"Fund balance factor","url":"\/60.2-533\/","token":"60.2\/5\/4\/60.2-533","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/60.2-532\/","history_text":"

This law was first created in 1981. The record of its establishment is cataloged in chapter 606 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1981 \u201cActs\u201d aren\u2019t available online. It has been modified 5 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1984, chapter 458; in 1986, chapter 480; in 1987, chapter 114; in 1990, chapter 908; in 1993, chapter 249.<\/p>","references":false,"refers_to":[{"id":76078,"section_number":"60.2-210","catch_line":"Employer","order_by":null,"url":"\/60.2-210\/"},{"id":54032,"section_number":"60.2-212","catch_line":"Employment","order_by":null,"url":"\/60.2-212\/"},{"id":58178,"section_number":"60.2-219","catch_line":"Services not included in term \"employment.\"","order_by":null,"url":"\/60.2-219\/"},{"id":72820,"section_number":"60.2-509","catch_line":"Termination of coverage","order_by":null,"url":"\/60.2-509\/"},{"id":67512,"section_number":"60.2-515","catch_line":"Amount of taxes; increase of rate","order_by":null,"url":"\/60.2-515\/"},{"id":84523,"section_number":"60.2-526","catch_line":"General provisions","order_by":null,"url":"\/60.2-526\/"},{"id":61763,"section_number":"60.2-527","catch_line":"Tax rate of certain foreign contractors","order_by":null,"url":"\/60.2-527\/"},{"id":60511,"section_number":"60.2-528","catch_line":"Individual benefit charges","order_by":null,"url":"\/60.2-528\/"},{"id":70511,"section_number":"60.2-531","catch_line":"Experience rating tax; table","order_by":null,"url":"\/60.2-531\/"},{"id":78500,"section_number":"60.2-538","catch_line":"Where employer's taxes are delinquent","order_by":null,"url":"\/60.2-538\/"},{"id":60805,"section_number":"60.2-609","catch_line":"Reciprocal arrangements with agencies of other states or federal government","order_by":null,"url":"\/60.2-609\/"}],"permalink":{"id":267787,"object_type":"law","relational_id":54592,"identifier":"60.2-532","token":"60.2\/5\/4\/60.2-532","url":"\/60.2-532\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/60.2-532\/","token":"60.2\/5\/4\/60.2-532","dublin_core":{"Title":"Pool cost charges","Type":"Text","Format":"text\/html","Identifier":"\u00a7 60.2-532","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> As of January 1 of each year, to all experience rating tax rates established pursuant to § 60.2-531<\/a>, to all assigned tax rates established pursuant to §§ 60.2-515<\/a>, 60.2-526<\/a>, 60.2-527<\/a> and 60.2-538<\/a>, there shall be added the pool cost charges as determined in subsection B of this section. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The pool cost charge rate rounded to the nearest one-hundredth of a percent shall be determined as follows: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Pool costs for a given calendar year shall be those costs defined in subdivision 2 of this subsection for the thirty-six consecutive calendar month period ending on June 30 immediately preceding that calendar year. The pool cost charge rate shall be pool costs divided by payrolls<\/span> for such period. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Pool costs shall consist of (i) benefit charges which cannot be assigned to an individual employer pursuant to §§ 60.2-210<\/a>, 60.2-212<\/a> through 60.2-219<\/a>, or subsection C of § 60.2-528<\/a>, or cannot be charged to an individual employer due to his becoming an inactive account pursuant to § 60.2-210<\/a> or § 60.2-509<\/a>, (ii) the difference in the amount the Commission pays pursuant to subdivision 2 of subsection A of § 60.2-609<\/a> and the amount the Commission receives pursuant to subdivision 3 of subsection A of § 60.2-609<\/a>, and (iii) the difference between the benefit charges of all employers with a maximum experience rating tax rate and the amount of the taxes resulting from applying the maximum experience rating tax rate against the payrolls<\/span> of the same employers. The term “payrolls<\/span>” as used in this section shall mean the taxable payroll on which taxes have been paid on or before September 30 immediately following such June 30. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> When the fund balance factor for the most recent twelve-month period ending on June 30 of the immediately preceding calendar year is greater than fifty percent, interest earned on the balance which shall stand to the credit of the account of the Commonwealth of Virginia in the Unemployment Trust Fund in the treasury of the United States shall be subtracted from pool costs, except that in no instance shall pool costs be less than zero. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPOOL COST CHARGES (\u00a7 60.2-532)\n\nA. As of January 1 of each year, to all experience rating tax rates established\npursuant to § 60.2-531, to all assigned tax rates established pursuant to\n§§ 60.2-515, 60.2-526, 60.2-527 and 60.2-538, there shall be added the\npool cost charges as determined in subsection B of this section.\n\nB. The pool cost charge rate rounded to the nearest one-hundredth of a percent\nshall be determined as follows:\n\n 1. Pool costs for a given calendar year shall be those costs defined in\n subdivision 2 of this subsection for the thirty-six consecutive calendar month\n period ending on June 30 immediately preceding that calendar year. The pool\n cost charge rate shall be pool costs divided by payrolls for such period.\n\n 2. Pool costs shall consist of (i) benefit charges which cannot be assigned to\n an individual employer pursuant to §§ 60.2-210, 60.2-212 through\n 60.2-219, or subsection C of § 60.2-528, or cannot be charged to an\n individual employer due to his becoming an inactive account pursuant to §\n 60.2-210 or § 60.2-509, (ii) the difference in the amount the Commission\n pays pursuant to subdivision 2 of subsection A of § 60.2-609 and the\n amount the Commission receives pursuant to subdivision 3 of subsection A of\n § 60.2-609, and (iii) the difference between the benefit charges of all\n employers with a maximum experience rating tax rate and the amount of the\n taxes resulting from applying the maximum experience rating tax rate against\n the payrolls of the same employers. The term “payrolls” as used in\n this section shall mean the taxable payroll on which taxes have been paid on\n or before September 30 immediately following such June 30.\n\n 3. When the fund balance factor for the most recent twelve-month period ending\n on June 30 of the immediately preceding calendar year is greater than fifty\n percent, interest earned on the balance which shall stand to the credit of the\n account of the Commonwealth of Virginia in the Unemployment Trust Fund in the\n treasury of the United States shall be subtracted from pool costs, except that\n in no instance shall pool costs be less than zero.\n\nHISTORY: 1981, c. 606, \u00a7 60.1-84.2; 1984, c. 458; 1986, c. 480; 1987, c. 114;\n1990, c. 908; 1993, c. 249.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}