IL SB2413

Creates a state-run Paid Family and Medical Leave Insurance Program within the Department of Labor, providing wage replacement benefits of up to 90% of average weekly wages (capped at $1,200/week initially) for up to 18 weeks per 12-month period for eligible workers

Covers leave for serious health conditions, caring for family members, bonding with a new child, pregnancy/childbirth recovery, reproductive health care, domestic violence situations, and military family exigencies, with an additional 9 weeks available for pregnancy-related conditions or NICU stays

Establishes a premium contribution system beginning January 1, 2027, set at 1.12% of wages (capped at 1.25%), with employees paying 40% and employers with 25+ employees paying 60%; benefits become payable starting January 1, 2028

Requires employers to maintain health insurance coverage during leave and restore employees to their same or equivalent position upon return, with protections against retaliation for requesting or taking leave

Allows employers to apply for approval of equivalent private plans that provide equal or greater benefits, and permits self-employed individuals to opt into coverage starting January 1, 2028