Beginning on January 1, 2024, Colorado workers will likely be entitled to take 12 weeks of paid household and medical depart on account of the passage of Colorado Proposition 118, the Paid Medical and Household Go away Initiative. Staff will be capable to take a further 4 weeks of paid depart in reference to being pregnant or childbirth problems.
Staff will likely be eligible to take paid household and medical depart if they’ve earned not less than $2,500 at their job and will use paid household and medical depart for the next causes:
To look after their very own critical well being situation
To look after a brand new little one in the course of the first yr after start or adoption, or for foster care of a brand new little one
To look after a member of the family with a critical well being situation
When a member of the family is on active-duty navy service or known as for active-duty navy service
When a person or the person’s member of the family is a sufferer of home violence, stalking or sexual assault
The paid depart will likely be funded by a payroll tax shared equally by employers and workers, beginning on January 1, 2023. The Division of Household and Medical Go away Insurance coverage, a brand new entity created by the initiative inside the Colorado Division of Labor and Employment, will institute and administer a paid-leave fund and can accumulate the payroll tax. From January 1, 2023, by December 31, 2024, the full payroll tax quantity will likely be 0.9% of the worker’s weekly wage (0.45% paid by the employer and 0.45% paid by the worker). Starting on January 1, 2025, the director of the paid-leave fund will set up the payroll tax quantity primarily based on a share of worker wages and at a fee to fund 135% of the advantages paid in the course of the earlier calendar yr. Employers can select to pay a bigger share of the payroll tax, as much as 100%.
Employers having fewer than 10 workers will likely be exempt from taking part within the statewide paid depart program, although workers of those smaller companies can select to choose into this system, as can sole proprietors. Employers already offering paid household and medical depart can choose out of the statewide program if their personal program meets necessities established by the Division of Household and Medical Go away Insurance coverage.
Staff can’t be terminated whereas on paid household and medical depart in the event that they’ve been of their job for not less than 180 days. As well as, upon getting back from depart workers have to be restored to an equal job. Employers can require that depart taken underneath the Paid Medical and Household Go away Initiative run concurrently with depart taken underneath the Household and Medical Go away Act.
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