20 September 2019 Colorado law establishes a task force to make recommendations for a paid family and medical insurance program Under recently enacted S.B. 19-188 a task force is created to study the implementation of a state-run paid family and medical leave insurance (PFML) program. The law anticipates that the timeline of the PFML program will be: January 1, 2022 for to begin education and outreach; January 1, 2023 for the start of contributions into the fund; and January 1, 2024 to begin paying benefits. The task force is required to make its initial recommendation to state House and Senate legislative committees and to the governor no later than November 1, 2019, with the final report due no later than January 8, 2020. The Colorado state legislature must approve the recommendations of the task force before they can be implemented. Unlike other states that have quickly implemented their state paid family and medical insurance plans, Colorado is taking the prudent approach of carefully evaluating key aspects of the program, such as the use of a third party to administer the program, the program funding structure, the parameters for affordability and accessibility to workers and sustainability.
Document ID: 2019-1674 | |||||||||
