State paid leave updates effective July 2024
Colorado
Colorado Paid Family and Medical Leave (CO PFML): State Average Weekly Wage (SAWW) change
Effective July 1, 2024, the SAWW is $1,471.34. Prior to July 1, 2024, the SAWW is $1,421.16. The SAWW impacts the CO PFML benefit amount for new and existing claims.
The benefit calculation for all benefits payable on or after July 1, 2024 is:
90% of the portion of the employee’s average weekly wage equal to or less than 50% of the SAWW (50% of the SAWW = $735.67), plus
50% of the portion of the employee’s average weekly wage that is more than 50% of the SAWW
The weekly maximum benefit remains $1,100 through the end of 2024. Effective January 1, 2025, the Weekly Maximum Benefit will be 90% of the SAWW ($1,324.21).
As the weekly maximum benefit remains unchanged, there will be no impact to those employees receiving the maximum prior to July 1, 2024.
For more information, please see Colorado’s new average weekly wage, and how it affects FAMLI claims | Family and Medical Leave Insurance.
Oregon
Paid Leave Oregon aka Oregon Paid Family and Medical Leave (OR PFML): State Average Weekly Wage (SAWW) change
The new SAWW is $1,307.17. This impacts new claims with benefit years beginning July 7, 2024 or later. For claims with a benefit year prior to July 7, 2024, the SAWW is $1,269.69.
The benefit calculation for all claims with benefit years beginning on or after July 7, 2024 is:
100% of the portion of the employee’s average weekly wage equal to or less than 65% of the SAWW (65% of the SAWW = $849.66), plus
50% of the portion of the employee’s average weekly wage that is more than 65% of the SAWW
The weekly maximum benefit is $1,568.60 (120% of the SAWW). The minimum weekly benefit is $65.36 (5% of the SAWW).
For more information, please see 2024-06-13-Rates-Update-Press-Release.pdf.
Other changes to Paid Leave Oregon (aka Oregon Paid Family and Medical Leave) and OFLA
As a reminder, effective July 1, 2024, OFLA no longer includes family leave to care for and bond with a child, an employee’s own serious health condition leave, or leave to care for a family member with a serious health condition (other than leave to care for a child that requires home care due to illness, injury, or serious health condition). Instead, the family bonding leave and serious health condition leaves described above will be solely covered under Paid Leave Oregon. For additional information on this change, please read our full article here.