Colorado joins a small group of states with paid family and medical leave insurance programs. On Nov. 3, 2020, Colorado voters passed Proposition 118, the Paid Family and Medical Leave Initiative (PFML), which creates a state-run paid leave insurance benefit for Colorado employees. The PFML program, which exempts employers with nine or fewer employees, requires employers to provide 12 weeks of paid leave in most instances, and up to 16 weeks under certain circumstances. The Colorado Department of Labor and Employment will administer the program through a new division, the Division of Family and Medical Leave Insurance (the Division). Employers and employees will pay fees to fund the PFML program. In reviewing the PFML’s various requirements, it will be important for employers to understand both the fiscal and the logistical requirements of adhering to this new program, which becomes effective Jan. 1, 2024.
Continue reading the full GT Alert, “Colorado Voters Approve Paid Family and Medical Leave Insurance Program.”