11/29/2022 | Press release | Distributed by Public on 11/29/2022 12:05
(DENVER) - Most Colorado workers are going to see some changes on their paychecks next year as the state rolls out the voter-approved paid Family and Medical Leave Insurance (FAMLI) program to expand access to paid family leave.
On Jan. 1, Colorado employers and employees will both start contributing to the new FAMLI program. Using simple payroll deductions, employers and employees will contribute to the fund that will eventually provide Coloradans wage replacement benefits during life circumstances that pull them away from their jobs. While payroll deductions begin in 2023, FAMLI benefit payments will be available to workers starting in January 2024. This first year of deductions will allow time for the fund to build to support qualified employee leaves beginning in January of 2024.
Colorado voters decided in 2020 to join seven other states and the District of Columbia to ensure more workers have access to paid leave during life circumstances that pull them away from their jobs - like a new child, taking care of a loved one with a serious health condition, or preparing for a loved one's military deployment. Since the 2020 election, three additional states have also begun implementing their own statewide paid leave programs.
"Colorado voters gave us clear direction that paid family and medical leave is a benefit workers want," said Tracy Marshall, Director of the new FAMLI Division in the Colorado Department of Labor and Employment. "We've been working hard to make that happen with a program that gives employers of all sizes an easy, one-stop shop to comply with the law. I think we've built a user-friendly family-leave platform, backed by a team of customer support professionals ready to make sure no businesses get left behind."
A 2021 report from the National Bureau of Economic Research found that in two states that have adopted paid family leave, small businesses are overwhelmingly supportive of the programs.
"Colorado small business owners and self-employed applicants are looking forward to the launch of the Colorado FAMLI program, which will allow employers to offer access to a benefit that is important to supporting their workforce," said Lindsey Vigoda, Colorado Director for Small Business Majority. "We know that many small businesses want to offer paid family and medical leave but simply can't afford to do so on their own. The new FAMLI program will help close this gap for small businesses while providing access to critical financial support for Coloradans - a win-win for businesses and employees alike."
Colorado's FAMLI program will start providing benefits to eligible workers starting in 2024. Here's how it works, what is required by the new voter-approved law, and who is eligible:
For more details, check out FAMLI.colorado.gov to find more information and a variety of toolkits, webinars and FAQs to help employers and employees navigate the program.
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Additional Resources
FAMLI.colorado.gov
2023 FAMLI Required Program Notice
FAMLI Toolkit for Employers
FAMLI Local Government Guide
2023 FAMLI Employee Handbook
Subscribe to the FAMLI Employer Newsletter