California § 977.5 - Whenever the balance in the Unemployment Fund on September 30 of any calendar yea
Full text of California Public Contract Code - PCC § 977.5 — Whenever the balance in the Unemployment Fund on September 30 of any calendar yea, with citation guidance and answers to common questions.
§ 977.5. Whenever the balance in the Unemployment Fund on September 30 of any calendar yea
Whenever the balance in the Unemployment Fund on September 30 of any calendar year is less than 0.6 percent of the wages (as defined by Section 940) in employment, subject to this part, paid during the 12-month period ending on the computation date, employers shall pay into the Unemployment Fund contributions for the succeeding calendar year upon all wages with respect to employment at an emergency solvency surcharge rate. The emergency solvency surcharge rate shall be 1.15 times the rate the employer would have paid in Schedule F of subdivision (a) of Section 977, rounded to the nearest one-tenth of 1 percent.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 977.5
What does Public Contract Code - PCC § 977.5 cover?
Section 977.5 ("Whenever the balance in the Unemployment Fund on September 30 of any calendar yea") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 977.5?
A common citation format is "Public Contract Code - PCC § 977.5" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 977.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.