Minnesota Paid Family and Medical Leave (MN PFML) state rate will be 0.88%
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On February 21, 2025, the Minnesota Department of Employment and Economic Development (DEED) shared that the state premium rate will be 0.88% when the program begins in 2026. Here is the link to the announcement: DEED Confirms Paid Leave Premium Rate, Remains on Track for Launch in 2026
Key Highlights for the State Program:
Minnesota Paid Leave released a new calculator tool that can help employers estimate costs under the state program.
This premium rate is a percentage of an employee's wages that will be paid by the employee and their employer to fund the program. Employers are required to pay at least 50% of the total contributions, with the option to cover the premium contributions in full.
The first premium payments are due April 30, 2026. Employers may begin deducting premiums from employee paychecks beginning January 1, 2026.