N.H. Rev. Stat. § 282-A:87

Current through the 2024 Legislative

Section 282-A:87 - Contribution Rates

I. An employer's contribution rate shall, after computation is made in the manner described in RSA 282-A:86, and subject to the provisions and conditions of this subdivision otherwise provided, be in the following percent:

SCHEDULE I.

Percent of Average Annual Contribution	Pay Roll Equals or Exceeds Rate
1%	2.6%
2	2.5
3	2.4
4	2.3
5	2.2
6	2.0
7	1.9
8	1.7
9	1.5
10	1.0
11	.7
12	.5
13	.3
14	.2
16	.15
19	.1
26	.05

II. An employer's contribution rate shall, after computation is made in the manner described in RSA 282-A:86, and subject to the provisions and conditions of this subdivision otherwise provided, be in the following percent:

SCHEDULE II. Percent of Average Annual Contribution
Pay Roll Equals or Exceeds	Rate
1%	2.8%
2	2.9
3	3.0
4	3.1
5	3.2
6	3.3
7	3.4
8	3.5
9	3.6
10	3.7
11	3.8
12	3.9
15	4.0
18	4.1
21	4.2
23	4.3
26	4.5
29	4.6
31	4.7
33	4.8
35	5.0
36	5.2
37	5.3
38	5.4
40	5.5
46	5.6
50	5.7
60	5.8
70	5.9
80	6.0
100	6.5

II-a. An employer's contribution rate shall, after computation is made in the manner described in RSA 282-A:86, and subject to the provisions and conditions of this subdivision otherwise provided, be in the following percent:

SCHEDULE II.

Percent of Average Annual Contribution	Pay Roll Equals or Exceeds Rate
1%	2.8%
2	2.9
3	3.0
4	3.1
5	3.2
6	3.3
7	3.4
8	3.5
9	3.6
10	3.7
11	3.8
12	3.9
15	4.0
18	4.1
21	4.2
23	4.3
26	4.5
29	4.6
31	4.7
33	4.8
35	5.0
36	5.2
37	5.3
38	5.4
40	5.5
46	5.6
50	5.7
60	5.8
70	5.9
80	6.0
100	6.5

III. [Repealed.]

IV.

(a)

(1) Each employer subject to payment of contributions pursuant to RSA 282-A:69, I shall have its rate reduced by 2/5 of one percent beginning in the fourth quarter of 2019. An administrative contribution equal to the amount of this reduction shall be paid by all such employers.

(2) Commencing January 1, 2020, after deduction of all costs incurred in the collection of the administrative contribution, 1/3 of the quarterly administrative contribution collected, not to exceed $6,000,000 annually, shall be deposited each quarter in the fund established by RSA 282-A:182 and shall be expended only as provided by and for the purposes provided in that section and shall lapse to the unemployment trust fund account established in RSA 282-A:104, I(b) if unspent or unencumbered at the end of the relevant program year. The remaining quarterly administrative contribution collected shall be divided so that the proportional share of the quarterly administrative contribution resulting from the increase over 2/10 of one percent shall be deposited in the unemployment compensation fund established in RSA 282-A:103 and the remaining amount deposited in the fund established by RSA 282-A:140 and shall be expended only as provided by and for the purposes provided in that section, and not for any other purpose.

(b) [Repealed.]

(c) All costs incurred in the collection of the administrative contributions shall be paid from funds derived from such contributions.

(d) The commissioner shall report to the advisory council on unemployment compensation quarterly all moneys collected and amounts expended. When, in the opinion of the commissioner with the advice and consent of the advisory council on unemployment compensation, sums collected exceed anticipated expenditures, the commissioner shall transfer such excess funds to the unemployment compensation fund established under RSA 282-A:103.

(e) [Repealed.]

(f) Each employer's separate account established under RSA 282-A:103 shall be credited with available interest earned by the unemployment compensation trust fund in an amount equal to timely administrative contributions collected pursuant to subparagraph (a).

RSA 282-A:87

Amended by 2019 , 346: 185, eff. 9/26/2019.

1937, 178:1. 1939, 138:14-17. 1941, 103:24-30. RL 218:6. 1943, 178:1. 1945, 138:13, 16. 1947, 59:16. 1949, 251:2. 1951, 36:3, 4, 6; 142:1-6. 1953, 209:5, 6. RSA 282:6(9), (10)(D). 1955, 7:3; 141:12-14. 1957, 118:7; 313:4. 1961, 88:17-23, 27-29. 1963, 194:6-8. 1965, 208:8, 9. 1967, 75:3; 400:6. 1969, 460:11-19. 1971, 156:24-29. 1977, 424:7, 8. 1981, 408:3. 1985, 340:11. 1992, 289:64, II. 1996, 49:5, 6, II. 1997, 40:2, 5. 2001, 133 : 3 , 7, 13, I. 2007, 204 : 1 . 2009, 321 : 10 , eff. Jan. 1, 2010. 2010, 28 : 4 , eff. Jan. 1, 2011. 2019, 346 : 185 , eff. Sept. 26, 2019.