As you may know, in November 2020 Colorado voters approved Proposition 118, which resulted in the implementation of the Family and Medical Leave Insurance Program. This program, which takes effect in January 2024, makes paid family and medical leave benefits available to most Colorado employees who have a qualifying condition and who earned $2,500 over the previous year for work performed in Colorado.
The FAMLI program is funded through premiums paid by both workers and employers, starting in January 2023. The premiums through 2024 are set to 0.9% of the employees’ wages.
Accordingly, most Colorado employees will see a FAMLI premium deduction on their pay stubs beginning Jan. 1, 2023. However, CC has elected not to put this monetary burden on its faculty, staff, and student employees. Instead CC intends to cover the entire amount of the premiums through 2023, at a total cost of $600,000 to the college. It should be noted that the funding for this program may impact the amount available to be allocated to salary increases in 2023.
While further guidance from the state on the FAMLI program will be forthcoming, additional information regarding the benefits available under the program can be found
here. Please also feel free to email
hr@coloradocollege.edu if you have any questions.
