Paid Family and Medical Leave premiums could nearly double next year – The Employment Security Department last week told the advisory committee that premiums for the state’s troubled Paid Family and Medical Leave program might need to be increased to 1% next year. The program is also facing continuing deficits.
Next year’s premium boost will be on top of an increase this year after the rate was taken up to 0.6%, at the beginning of 2022, from the previous rate of 0.4%. The Washington Research Council has a full rundown.
If you have any questions, contact Jerry VanderWood.