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IN SB0309
Bill
Status
1/4/2018
Primary Sponsor
Karen Tallian
Click for details
AI Summary
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Department of Insurance must establish a voluntary family leave insurance program by January 1, 2019, with participation optional for both employers and employees.
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Both employers and employees must contribute funds to the program at rates determined annually by the Department of Insurance, with employee contributions made through payroll deduction.
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Benefit eligibility requirements must meet at minimum the standards of the federal Family and Medical Leave Act, and employees may choose benefit levels of 100%, 75%, or 50% of their salary and select the number of weeks benefits will be paid.
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A family leave insurance program trust fund is established to pay program benefits, funded by employer and employee contributions, the transferred balance from the political subdivision risk management fund, and investment income.
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Department of Insurance must submit a report to the legislative council and budget committee by November 1, 2018, regarding the proposed program and any needed legislative changes; effective date is July 1, 2018.
Legislative Description
Family leave insurance program. Requires the department of insurance to establish, not later than January 1, 2019, a family leave insurance program (program) for the purpose of providing benefits to employees who elect to participate in the program. Requires that: (1) the program be voluntary for both employers and employees; (2) both employers and employees make contributions to the program to fund benefits; (3) employee contributions be made by payroll deduction; (4) the benefit eligibility requirements established for the program include, at a minimum, the requirements that qualify an employee for leave under the federal Family and Medical Leave Act;
Last Action
First reading: referred to Committee on Insurance and Financial Institutions
1/4/2018