12/05/2022 | Press release | Distributed by Public on 12/05/2022 11:31
For Immediate Release | December 5, 2022
Convenient one-stop shop for employers preparing for Colorado's new paid family leave requirements is up and running
(DENVER) - Colorado employers, and the third-party administrators who serve them, have a new, easy way to manage the proven benefits of paid family medical leave as the state Family and Medical Leave Insurance employer services portal goes live.
The My FAMLI+ Employer portal - launched by the Colorado Department of Labor and Employment's new Family and Medical Leave Insurance (FAMLI) Division - is a handy one-stop shop for employers and third party administrators to manage employer obligations under the new, voter-approved statewide paid family leave program. The Division has already successfully registered more than 1,300 organizations during the soft launch of the portal over the last several weeks. All employers can now access My FAMLI+ Employer from famli.colorado.gov.
On Jan. 1, Colorado employers and employees will start contributing to the new voter-approved FAMLI program. Using simple payroll deductions, employers and employees will contribute to the fund that will give more Coloradans wage replacement benefits during life circumstances that pull them away from their jobs. Benefit payments will become available to most Colorado workers starting in January, 2024.
Colorado is joining 10 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 family member's military deployment.
Initiatives in other states have shown that paid leave keeps folks in the workforce and reduces employer expenses when needing to replace talent that had to step away to care for themselves or their loved ones. And a statewide insurance fund funded by a wide variety of employers and employees reduces costs.
For example, California, which implemented its paid family and medical leave program two decades ago, has found over the past 20 years, 87% of businesses have reported no increased costs, and 9% saw cost savings due to lower employee turnover or lower spending on employee benefits.
Colorado workers can start applying for paid leave benefits starting in 2024. Workers will file a claim for FAMLI benefits directly through the state, similarly to how they would file an unemployment insurance claim. Here's how it works and who is eligible:
For more details, check out FAMLI.colorado.gov where the Division has a variety of materials within the Employer Toolkit and an online calculator that makes it easy to estimate wage deductions and potential benefits.
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FAMLI.colorado.gov
My FAMLI+ Employer
2023 FAMLI Required Program Notice
FAMLI Toolkit for Employers
FAMLI Local Government Guide
2023 FAMLI Employee Handbook
Subscribe to the FAMLI Employer Newsletter
CDLE's Office of Government, Policy and Public Relations:
[email protected]