Oregon’s PFMLI program is a broad paid family and medical leave system funded by employer and employee contributions in the form of payroll deductions beginning January 1, 2023 and will provide employees with up to 12 weeks of paid time off for leave that qualifies as family, medical, or safe leave, absent an employer’s establishing that providing such leave would pose an undue hardship, beginning on September 3, 2023.
Employers that provide paid leave benefits that are equal to or greater than those provided by PFMLI, and employees working for such an employer (that is, an employer that sponsors such an equivalent or better paid leave plan), do not have to pay contributions to the PFMLI program.
Equivalent plans may be either employer-administered, for which the employer assumes all financial risk associated with the benefits and administration of the plan, or fully insured, wherein the employer purchases an insurance policy from an approved insurer and the benefits are administered by the insurance carrier pursuant to the terms of the policy.
The Oregon Employment Department (OED) must approve an employer’s equivalent plan. Employers who are interested in developing Paid Leave Oregon policies or have questions about Paid Leave Oregon may want to consult counsel or visit the Oregon Employment Department’s Paid Leave Oregon website for further information.
The panel will discuss the pros and cons of the state plan versus equivalent ones and things to consider when evaluating and administering the plan. This new regulation will have a significant impact on employers and we hope you can join us.
Details:
Thursday, September 21, 2023 (Save the date)
Panelist:
- Oregon Employment Department
- Equivalent Plan Insurance Carrier
- Employee Benefit Broker
- Human Resource Director
7:50am: Announcements and Introductions
8am-10am: Panel Discussion
Location: Hampton Inn, Bend
Please contact Don Paumier, Board President of COEC, 971-201-9230 or donpaumier@gmail.com with questions.