Section 34-8-151 - Rate of employer contributions

(a) For periods prior to April 1, 1987, or after December 31, 2026, each new or newly covered employer shall pay contributions at a rate of 2.7 percent of wages paid by such employer with respect to employment during each calendar year until the employer is eligible for a rate calculation based on experience as defined in this chapter, except as provided in Code Sections 34-8-158 through 34-8-162.(b) For periods on or after April 1, 1987, but on or before December 31, 1999, each new or newly covered employer shall pay contributions at a rate of 2.64 percent of wages paid by such employer with respect to employment during each calendar year until the employer is eligible for a rate calculation based on experience as defined in this chapter, except as provided in Code Sections 34-8-158 through 34-8-162.(c) For periods on or after January 1, 2000, but on or before December 31, 2016, each new or newly covered employer shall pay contributions at a rate of 2.62 percent of wages paid by such employer with respect to employment during each calendar year until the employer is eligible for a rate calculation based on experience as defined in this chapter, except as provided in Code Sections

employer with respect to employment during each calendar year until the employer is eligible for a rate calculation based on experience as defined in this chapter, except as provided in Code Sections 34-8-158 through 34-8-162.(d) For periods on or after January 1, 2017, but on or before December 31, 2026, each new or newly covered employer shall pay contributions at a rate of 2.64 percent of wages paid by such employer with respect to employment during each calendar year until the employer is eligible for a rate calculation based on experience as defined in this chapter, except as provided in Code Sections 34-8-158 through 34-8-162.Amended by 2023 Ga. Laws 86,§ 1, eff. 5/1/2023.Amended by 2016 Ga. Laws 474,§ 2, eff. 7/1/2016.Amended by 2011 Ga. Laws 95,§ 1, eff. 5/11/2011.Amended by 2006 Ga. Laws 453,§ 34, eff. 4/14/2006.Amended by 2005 Ga. Laws 376,§ 2, eff. 5/10/2005.