Oregon Paid Family Medical Leave - What you need to know
Multifamily Welcome Tyler Krieg, The Standard
The Oregon Legislature created Paid Leave Oregon to provide people who work, own businesses or run organizations in Oregon easy access to paid leave benefits for qualifying family, safety and medical reasons. The program goes into effect on January 1, 2023, but employers will want to start preparing for and understanding the law now.
Starting January 1, employees and employers must contribute to the Paid Leave Oregon state fund. Employees will contribute 60% and employers will contribute 40% of the cost which is capped at 1% of employee’s wages. For example, if the employee earns $1,000 per month, then the employee contributes $6 and the employer contributes $4 per month.
Employers may choose to opt out of Paid Leave Oregon if it has an equivalent plan approved by the Oregon Employment Department (OED). The deadline to notify OED of that option is November 30th.
This training will overview the administration and qualifications for Paid Leave Oregon, as well as the option to secure compliance via private coverage for paid leaves, bypassing the state program.
Multifamily NW Welcomes: Tyler Krieg, Senior Employee Benefits Consultant, The Standard
COURSE MATERIALS DISCLAIMER
The content, information, opinions, and viewpoints contained in these educational materials and the information contained in the instructor’s presentation (collectively the “Course Materials”) are those of the authors, contributors and/or instructors of such materials. While Multifamily NW (“MFNW”) takes reasonable care to screen the credentials of the instructors, authors and contributors, MFNW MAKES NO WARRANTY, EXPRESSED OR IMPLIED, as to the completeness or accuracy of the Course Materials. Persons who attend MFNW classes and/or read the Course Materials (“Users”), use the Course Materials at their own risk, and MFNW shall not be responsible for any errors, omissions, or inaccuracies in the Course Materials, whether arising through negligence, oversight, or otherwise. Also, laws change and MFNW has no duty to update the Course Mater ials. Reliance on the Course Materials is strictly at your own risk. The Course Materials are general in nature and not intended as legal advice. Even if specific fact situations are discussed in the Course Materials, and even if the instructor is an attorney, Users must retain their own legal counsel if they desire legal advice. MFNW specifically disclaims any warranties, express or implied, including implied warranties of merchantability or fitness for a particular purpose. The Course Materials are provided “AS IS” and it is the User’s job to evaluate the accuracy of any information contained therein. If a User is a property management professional, you should rely on your professional judgment in evaluating any and all Course Materials, and confirm the information contained in the Course Materials with other sources and your own legal counsel before undertaking any actions based on it. If you are not a management professional, you should evaluate the information together with your professional advisors.
Multifamily NW reserves the right to refuse registration/admittance to non-members.
For More Information:
Multifamily NW Welcomes,
Senior Employee Benefits Consultant,